Stanley Black & Decker Reports Solid 2Q 2026 Results
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On Track to Achieve Full Year Sales and Margin Targets 2Q Earnings and Margin Growth Include Benefit from Tariff Refunds Raises 2026 EPS and Free Cash Flow Guidance Reduced Debt by $1.7B and Executed $250M of Share Repurchases in 2Q NEW BRITAIN, Conn., July 29, 2026 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK ), a global leader in tools and outdoor solutions, today announced second quarter 2026 financial results. Second Quarter 2026 Highlights Chris Nelson, Stanley Black & Decker's President & CEO, commented, "The Stanley Black & Decker team is committed to executing our strategy and delivering profitable, organic growth. Our second quarter sales, gross margin, and cash performance keep us firmly on track to achieve our full-year targets 2. We further strengthened the balance sheet and executed on our capital deployment strategy. In addition, the tariff refunds are supporting incremental growth investments. "We are confident in our path forward and our ability to navigate the external environment to deliver our long-term financial goals. Through disciplined execution of our strategic priorities, we are strengthening Stanley Black & Decker's ability to deliver sustainable, profitable growth and create long-term value for our shareholders." 1 Includes IEEPA tariff refund gain partially offset by directly attributable variable incentive compensation costs, growth...
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During the quarter, the Company reduced debt by $1.7 billion and repurchased approximately 3.2 million shares for $250 million, under the previously announced authorization approved by the Board of Directors in April 2026.
