Stanley Black & Decker Q1 revenue beats on higher prices

Stanley Black & Decker

29/04/2026 11:10

Overview

US tools and outdoor products maker's Q1 revenue rose 3%, beating analyst expectations

Adjusted EPS for Q1 beat consensus

Company completed CAM sale for $1.6 bln net, used proceeds to reduce debt

Outlook

Stanley Black & Decker raises 2026 GAAP EPS guidance to $4.15-$5.35

Company reaffirms 2026 adjusted EPS guidance at $4.90-$5.70

Stanley Black & Decker expects 2026 free cash flow of $500-$700 mln, including CAM divestiture taxes and fees

Result Drivers

PRICING AND CURRENCY - Higher prices (+3%) and favorable currency (+3%) offset lower volume (-3%), with volume declines mainly due to retail softness in North America

SEGMENT MIX - Engineered Fastening segment saw strong volume and margin growth, driven by aerospace and automotive demand, while Tools & Outdoor margins declined due to growth investments and higher sales of lower-margin outdoor products

TARIFFS AND INFLATION - Margin improvements from operational cost actions and pricing were largely offset by increased tariff expense, volume deleverage, and other inflation

Company press release: ID:nPn55nwvFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.85 bln
$3.75 bln (12 Analysts)
Q1 Adjusted EPS
Beat
$0.80
$0.62 (14 Analysts)
Q1 EPS
$0.39
Q1 Net Income
$59.60 mln
Q1 Adjusted Gross Margin
30.20%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 12 "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 $88.00, about 12.3% above its April 28 closing price of $78.33

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

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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.)