Stanley Black & Decker Inc (SWK) News & EventsSWKStanley Black & Decker Inc

Stanley Black & Decker Invests $1B to Drive Innovation

As U.S. infrastructure investment accelerates, the construction sector faces a critical challenge: deploying cutting-edge tools and technologies to boost productivity while closing a widening skilled trades gap, with nearly half a million new workers needed by 2027. Against this backdrop, Stanley Black & Decker is investing $1B in the U.S. to advance innovation, develop next-generation tools and solutions, and increase access to training opportunities to expand the skilled trades workforce. Of the $1B Stanley Black & Decker plans to invest through 2028, approximately 50% will go to research and development to accelerate the creation of next-generation tools and breakthrough solutions for trades professionals. The other 50% will support capital expenditures and long-term investments to further strengthen its U.S. manufacturing footprint and support new product development. In addition, Stanley Black & Decker has committed to investing $60M through its DEWALT Grow the Trades initiative through 2030 - of which $27M has already been deployed - to expand training programs and open new pathways to rewarding careers in the skilled trades.

Stanley Black & Decker Reports Q2 Revenue of $3.96B

Reports Q2 revenue $3.96B, consensus $3.96B. Chris Nelson, Stanley Black & Decker's President & CEO, commented, "The Stanley Black & Decker team is committed to executing our strategy and delivering profitable, organic growth. Our second quarter sales, gross margin, and cash performance keep us firmly on track to achieve our full-year targets. We further strengthened the balance sheet and executed on our capital deployment strategy. In addition, the tariff refunds are supporting incremental growth investments."

Stanley Black & Decker Raises FY26 Free Cash Flow Outlook to $600M-$800M

Consensus $5.37. Raises FY26 free cash flow view to $600M-$800M from $500M-$700M. The company said, "We are confident in our path forward and our ability to navigate the external environment to deliver our long-term financial goals. Through disciplined execution of our strategic priorities, we are strengthening Stanley Black & Decker's ability to deliver sustainable, profitable growth and create long-term value for our shareholders."