SWK · 8-K · 20261104PR000036

Guidance / Outlook

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 88 · Surprise 100 · No source text

The company raised its 2026 GAAP EPS range to $5.45–$5.85 from $4.60–$5.45, and raised and tightened adjusted EPS guidance to $5.95–$6.25 from $5.20–$5.80. At the range midpoints, the new guidance implies year-over-year growth of 113% for GAAP EPS and 31% for adjusted EPS. Full-year free cash flow guidance increased to $1.0–$1.2 billion from $600–$800 million, incorporating tariff refunds realized year to date and projected CAM divestiture taxes and fees.

Key facts

• STANLEY BLACK & DECKER, INC. raised its 2026 free cash flow outlook to $1.0–$1.2 billion from $600–$800 million, incorporating tariff refunds realized year to date and projected taxes and fees associated with the CAM divestiture. source
• STANLEY BLACK & DECKER, INC. raised its 2026 GAAP EPS guidance to $5.45–$5.85 from $4.60–$5.45. source
• STANLEY BLACK & DECKER, INC.'s 2026 GAAP EPS and adjusted EPS guidance ranges represent year-over-year growth of 113% and 31%, respectively, at the midpoint versus 2025 performance. source
• STANLEY BLACK & DECKER, INC. raised and tightened its 2026 adjusted EPS guidance to $5.95–$6.25 from $5.20–$5.80. source
• The difference between STANLEY BLACK & DECKER, INC.'s 2026 GAAP and adjusted EPS assumption ranges is approximately $0.40–$0.50, primarily comprising footprint-action and other cost-action charges, partially offset by the CAM business sale gain and related tax impact. source
• STANLEY BLACK & DECKER, INC. identified potential adverse developments in new or pending litigation and government investigations as risks to its results. source
• STANLEY BLACK & DECKER, INC. identified potential regulatory liabilities, including environmental, privacy, data breach, workers compensation, and product liabilities, as risks to its results. source

Impact estimates