Stanley Black & Decker, Inc.
69.96-1.92 (-2.67%)
Oct 29, 4:00:02 PM EDT · NYSE · SWK · USD
Key Stats
Market Cap
10.83BP/E (TTM)
22.14Basic EPS (TTM)
3.16Dividend Yield
0.05%Recent Filings
8-K
General Counsel to depart
Stanley Black & Decker's Senior Vice President, General Counsel, and Secretary Janet M. Link announced her departure effective November 30, 2025, to pursue an external opportunity. The move, disclosed on October 14, 2025, leaves a key legal leadership gap. No successor or interim plans were detailed in the filing.
10-Q
Q2 FY2025 results
Stanley Black & Decker swung to a $101.9M net profit in Q2 FY2025 ended June 28, up from a $11.2M loss last year, as revenue dipped 2% y/y to $3.95B on softer volumes yet buoyed by price hikes and FX gains. Gross margins held at 27.0%, squeezed by tariffs but lifted by supply chain efficiencies, while diluted EPS hit $0.67 versus a $0.07 loss. YTD, revenue fell 3% y/y to $7.69B with $192.3M earnings and $1.27 EPS, reflecting the Infrastructure sale's drag. Cash stood at $312M, total debt $5.61B including $1.1B commercial paper, with $3.5B revolver undrawn; free cash flow turned negative YTD at -$350M (derived) amid working capital strains. Tools & Outdoor drove 88% of sales but saw profits slip to 6.9% on volume woes. Ongoing restructuring eyes $40M annual savings by 2026. Yet tariff escalations pose supply chain risks.
8-K
Q2 revenues down 2%, tariffs pressure margins
Stanley Black & Decker reported Q2 2025 revenues of $3.9 billion, down 2% year-over-year, hit by a sluggish outdoor season and tariff disruptions, yet DEWALT's professional demand drove topline resilience. Gross margin dipped to 27.0% from tariffs, offset by cost discipline and price hikes; adjusted EPS hit $1.08. Tariffs loom large, with $800 million gross impact expected, but mitigation via supply shifts and pricing should limit net EPS drag to $0.65. Supply chain transformation nears completion.
8-K
CEO transition announced
Stanley Black & Decker's board appointed Christopher J. Nelson as President and CEO effective October 1, 2025, succeeding Donald Allan Jr., who shifts to Executive Chairman until his retirement on September 30, 2026. Nelson, current COO with prior roles at Carrier and elsewhere, secures a $1.3M base salary and $10.3M target equity for 2026, while Allan gets $1.1M salary and $6M equity. This smooth transition bolsters continuity amid ongoing transformation. Leadership changes signal stability.
8-K
New $1.25B credit facility secured
Stanley Black & Decker entered a new $1.25 billion 364-day revolving credit facility on June 23, 2025, maturing June 22, 2026, with Citibank as agent and a syndicate of lenders, replacing the prior 2024 agreement; borrowings can be in dollars or euros at variable rates tied to SOFR or EURIBOR plus margins from 0.875% to 1.375% based on ratings. The facility supports general corporate purposes, with no draws at closing, and includes covenants like a 3.50:1 interest coverage ratio—relaxed to 2.50:1 through Q2 2026—plus up to $250 million in addbacks for restructuring and other charges. An amendment to the existing five-year agreement aligns similar covenant relief, easing near-term financial flexibility amid ongoing transformations.
IPO
Employees
Sector
Industry
ACCO
Acco Brands Corporation
3.91-0.16
CVR
Chicago Rivet & Machine Co.
9.59+0.08
GFF
Griffon Corporation
74.76-1.95
HLMN
Hillman Solutions Corp.
9.44-0.22
ITW
Illinois Tool Works Inc.
242.03-3.84
KMT
Kennametal Inc.
22.90+0.22
LECO
Lincoln Electric Holdings, Inc.
234.51-6.13
SNA
Snap-On Incorporated
337.15-5.55
TKR
Timken Company (The)
79.25+2.03
TTC
Toro Company (The)
75.18+0.41