Stanley Black & Decker, Inc. (SWK) Earnings Call Transcripts
Stanley Black & Decker, Inc.'s Latest Earnings Call - Q2 FY2026
In the second quarter of 2026, Stanley Black & Decker (SWK:US) reported total revenue of approximately $3.6 billion, reflecting a 3% organic growth year-over-year, slightly ahead of expectations. Adjusted earnings per share (EPS) reached $1.57, exceeding the midpoint of guidance by $0.37, driven by strong performance in the Power Tools segment and net tariff refunds. Management raised the full-year adjusted EPS guidance to a range of $5.20 to $5.80, indicating an 18% growth at the midpoint, while maintaining revenue expectations of flat total revenue and low single-digit organic growth for the year.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $3.6B (beat) |
| Adjusted EPS | $1.57 (beat) |
| Adjusted Gross Margin | 33.7% (positive) |
| Adjusted EBITDA Margin | 11.3% (positive) |
| Debt Reduction | $1.7B (positive) |
| Share Repurchases | $250M (positive) |
Guidance from management
Management raised the adjusted EPS guidance for 2026 to a range of $5.20 to $5.80, reflecting an 18% growth at the midpoint. Revenue is expected to remain flat compared to last year, with low single-digit organic growth anticipated.
What management said
Thank you, Pat. As you heard this morning, we are focused on what we can control: executing our strategy. We are confident in our path forward and our ability to activate our brands to generate demand, drive operational excellence for efficiency and productivity gains, and accelerate innovation to serve our end users. We remain committed to driving towards our near-term targets and long-term goals. Through discipline...
That is all the time that we have for the Q&A. We'd like to thank everybody for their time and participation on today's call. If you have any further questions, please reach out to me directly. Have a good day.
What analysts pressed on
Analysts expressed concerns about the sustainability of the recent growth in the Power Tools segment and the potential need for price increases due to inflationary pressures. There were also questions regarding the impact of weather-related demand softness on the Outdoor segment and how that might affect overall performance going forward.
Main topics on the call
- Strong Performance in Power Tools — The Power Tools segment saw an organic revenue increase of 8%, attributed to effective demand generation and improved channel partnerships. CEO Chris Nelson stated, "We are seeing the growth across all 3 of our core bran...
- Adjusted Gross Margin Improvement — Adjusted gross margin improved to 33.7%, up 620 basis points year-over-year, benefiting from productivity gains and net tariff refunds. Management noted that "tariff refunds provide us with the flexibility to accelerate ...
- Guidance Update — Management raised the adjusted EPS guidance for 2026 to $5.20 to $5.80, reflecting a $0.20 increase from prior guidance. The revenue outlook remains flat compared to last year, with low single-digit organic growth expect...
- Debt Reduction and Share Buybacks — Following the sale of the aerospace fasteners business, the company reduced debt by $1.7 billion and repurchased 3.2 million shares for $250 million. This demonstrates a commitment to capital allocation and balance sheet...
Read the full Stanley Black & Decker, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Stanley Black & Decker, Inc.
Stanley Black & Decker, Inc. (SWK) is a publicly listed company in the Machinery industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 86 calls on record spanning January 29, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 86 Stanley Black & Decker, Inc. earnings call transcripts on record, spanning January 29, 2020 to July 29, 2026. Based on this history, Stanley Black & Decker, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- SWK
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Machinery
- Calls on record
- 86
- First call
- January 29, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly