Stanley Black & Decker falls after forecasting weak annual profit

Stanley Black & Decker

05/02/2025 14:14

** Tool maker Stanley Black & Decker's  SWK.N  shares fall
4.8% to $82.50 premarket
    ** SWK forecast annual profit below estimates, hurt by tepid
demand for its power tools, and said it was preparing measures
to mitigate a hit from the recent tariffs announced by U.S.
President Donald Trump
    ** Co expects 2025 adjusted profit to be $5.25/shr, plus or
minus 50 cents, compared with Wall Street expectations of
$5.38/shr, according to data compiled by LSEG
    ** Q4 adjusted profit of $1.49/shr, tops analysts' estimates
of $1.27/shr
    ** Q4 total revenue of $3.72 bln beats expectations of $3.58
bln
    ** In 2024, SWK was down 18%

 (Reporting by Anshuman Tripathy)
 ((Anshuman.Tripathy@thomsonreuters.com))