Stanley Black & Decker slides after downbeat annual forecast

Stanley Black & Decker

04/02/2026 13:39

** Shares of power tools maker Stanley Black & Decker SWK.N fall 2.8% to $78.7 in premarket trading

** SWK forecast 2026 profit below Wall Street estimates, as tariff-fueled price hikes hurt demand for its power tools

** Co sees 2026 adjusted profit per share between $4.90 and $5.70, midpoint of which is below analysts' estimates of $5.66 per share, according to data compiled by LSEG

** Posts Q4 adjusted profit per share of $1.41, down from $1.49 a year ago

** Quarterly net sales fell to $3.68 billion from $3.72 billion a year earlier

** SWK fell 7.5% in 2025

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))