Toolmaker Stanley Black & Decker (SWK -2.24%) beat earnings expectations for the first quarter, but revenue was light and the company sees rising cost pressures due to tariffs, according to its quarterly report from this morning. Investors viewed the glass as half-empty, sending shares of Stanley down as much as 5% for the day and down 3% heading into market close.Tariff impact beginning to showStanley Black & Decker is one of the largest manufactures of tools and outdoor equipment products. The company ear ...

Core Insights - Stanley Black & Decker, Inc. reported first-quarter 2025 adjusted earnings of 75 cents per share, exceeding the Zacks Consensus Estimate of 68 cents, with a year-over-year increase of 33.9% [1] - The company's net sales reached $3.74 billion, surpassing the consensus estimate of $3.73 billion, although it represented a decline of 3.2% year over year due to weaknesses in both segments [1] Segment Performance - Revenues from the Tools & Outdoor segment totaled $3.28 billion, a slight decrease of 0.1% year over year, compared to an estimate of $3.21 billion [2] - The Engineered Fastening segment generated revenues of $463.7 million, down 20.7% year over year, against an estimated $489.3 million [2] Margin Analysis - The cost of sales decreased by 5% year over year to $2.62 billion, while gross profit increased by 1.1% to $1.12 billion, resulting in a gross margin increase of 130 basis points to 29.9% [3] - Selling, general and administrative expenses rose by 1.8% year over year to $867.0 million, with adjusted EBITDA growing by 5.6% to $361.8 million, leading to a margin increase of 80 basis points to 9.7% [3] Balance Sheet and Cash Flow - At the end of the first quarter, cash and cash equivalents stood at $344.8 million, up from $290.5 million at the end of the fourth quarter of 2024, while long-term debt decreased to $4.76 billion from $5.6 billion [4] - Net cash used in operating activities was $420.0 million, down 2.6% year over year, with capital and software expenditures totaling $65 million, slightly down from $65.7 million a year ago [5] Future Guidance - The company anticipates total revenues to increase in low single digits and expects earnings to be around $3.30 (+/- $0.15) per share, a decrease from the previous expectation of $4.05 (+/- $0.65) [6] Zacks Rank - Stanley Black & Decker currently holds a Zacks Rank 3 (Hold) [7]

Stanley Black & Decker (SWK) Q1 2025 Earnings Call April 30, 2025 08:00 AM ET Speaker0 Welcome to the First Quarter twenty twenty five Stanley Black and Decker Earnings Conference Call. My name is Shannon, and I will be your operator for today's call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session. Please note that this conference is being recorded. I will now turn the call over to the Vice President of Investor Relations, Dennis Lang. Mr. Lang ...

Stanley Black & Decker (SWK) Q1 2025 Earnings Call April 30, 2025 08:00 AM ET Company Participants Dennis Lange - VP, IRDonald Allan - President and Chief Executive OfficerChristopher J. Nelson - COO, Executive VP and President of Tools & OutdoorPatrick D. Hallinan - Executive VP & CFOJeffrey Sprague - Founder and Managing PartnerJoe Ritchie - Managing DirectorMichael Rehaut - Executive DirectorNigel Coe - Managing DirectorChris Snyder - Executive DirectorJoseph O'Dea - Managing Director Conference Call Par ...

First Quarter 2025 Overview April 30, 2025 Participants Don Allan President & CEO COO, EVP And President, Tools & Outdoor Pat Hallinan Vice President, Investor Relations 2 1Q 2025 Earnings Call Executive Vice President, CFO Dennis Lange Chris Nelson Cautionary Statement 1Q 2025 Key Messages A Solid First Quarter Delivering Organic Growth* And Gross Margin Expansion… Pre-Tax Run-Rate Cost Savings $130M $1.7B Quarter-To-Date Program-To-Date $3.7 Billion Total Revenue +140 Bps Adj. Gross Margin* vs. 1Q'24 $0.7 ...

Exhibit 99.2 STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, Millions of Dollars Except Per Share Amounts) | | | | FIRST QUARTER | | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | NET SALES | $ | 3,744.6 | $ | 3,869.5 | | COSTS AND EXPENSES | | | | | | Cost of sales | | 2,623.8 | | 2,761.0 | | Gross profit | | 1,120.8 | | 1,108.5 | | % of Net Sales | | 29.9 % | | 28.6 % | | Selling, general and administrative | | 867.0 | | 851.8 | | % of Net ...

DEWALT Posts 8th Consecutive Quarter of Revenue GrowthFirst Quarter Gross Margin Improves Versus Prior Year as Global Cost Reduction Program Drives Margin ExpansionAccelerates Supply Chain Adjustments & Price Actions in Response to U.S. TariffsNEW BRITAIN, Conn., April 30, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in tools and outdoor, today announced first quarter 2025 financial results.   First Quarter Revenues of $3.7 Billion, Down 3% Versus Prior Year With 1% Organic Gr ...

DEWALT congratulates all high school seniors committing to a career in the trades DEWALT is encouraging seniors to post their trade school decision on social media utilizing a variety of free downloadable digital banners provided by the brand and tagging DEWALT Majority of students (and their parents) enrolled in skilled trades education feel optimistic about their career choice, according to a recent DEWALT surveyTOWSON, Md., April 29, 2025 /PRNewswire/ -- To honor and support the next generation of skill ...

NEW BRITAIN, Conn., April 25, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular second quarter cash dividend of $0.82 per common share. This extends the Company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 17, 2025, to shareholders of record as of the close of bu ...

Stanley Black & Decker, Inc. (SWK) is witnessing persistent strength in the Tools & Outdoor segment, driven by strong momentum in its DEWALT business and a solid holiday season. Growing popularity for the company’s several brands like powershift, Construction Jack and toughsystem, along with new product launches, is driving its DEWALT business. However, softness in the DIY market and depressing demand for power tools remain concerning. The segment’s organic revenues in the fourth quarter of 2024 increased 3 ...