Stanley Black & Decker posts Q3 revenue in line with estimates, cuts forecast

Stanley Black & Decker

04/11/2025 11:18

Overview

Stanley Black & Decker Q3 revenue of $3.756 bln, in line with analyst expectations

Adjusted EPS for Q3 beats consensus, aided by tax rate benefit

Company reports gross margin expansion due to pricing strategies and supply chain efficiencies

Outlook

Stanley Black & Decker revises 2025 GAAP EPS to $2.55-$2.70 ti reflect impairment charge

Company expects 2025 adjusted EPS of approximately $4.55 vs $4.65 earlier

Stanley Black & Decker maintains 2025 free cash flow target at $600 mln

Result Drivers

DEWALT GROWTH - Continued growth in DEWALT brand supported Q3 results

GROSS MARGIN EXPANSION - Pricing strategies and supply chain efficiencies drove gross margin improvement

COST REDUCTION PROGRAM - Global cost reduction program on track, contributing to margin enhancement

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$3.756 bln
$3.76 bln (11 Analysts)
Q3 Adjusted EPS
Beat
$1.43
$1.18 (13 Analysts)
Q3 EPS
$0.34
Q3 Adjusted Gross Margin
31.60%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 13 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Stanley Black & Decker Inc is $86.00, about 22.8% above its November 3 closing price of $66.36

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn2t6zJ9a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)