SWK · 10-Q · 2026Q4 · Full report

Restructuring Charges

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 40 · Surprise 42 · Matches filing data

The Company recorded $89.5 million of net restructuring charges in the first nine months of 2026, including $76.5 million in Tools & Outdoor, $8.5 million in Engineered Fastening, and $4.5 million in Corporate. Third-quarter charges were $29.5 million, comprising $26.5 million in Tools & Outdoor, $2.0 million in Engineered Fastening, and $1.0 million in Corporate. The charges related primarily to supply-chain resource reorganizations, plant closures, severance, and facility-exit costs; remaining reserves were $39.0 million at October 3, 2026. The Company expects approximately $150 million of annual net savings by the end of 2027, including $130 million from Tools & Outdoor, $10 million from Engineered Fastening, and $10 million from Corporate.

Key facts

• The Company expects approximately $150 million of annual net cost savings by the end of 2027 from restructuring costs incurred in the nine months ended October 3, 2026. source
• Of the anticipated $150 million annual savings from 2026 restructuring actions, $130 million is attributed to Tools & Outdoor, $10 million to Engineered Fastening, and $10 million to Corporate. source
• The majority of the $39.0 million restructuring reserve remaining at October 3, 2026 was expected to be used within 12 months. source
• For the three and nine months ended October 3, 2026, the Company recorded net restructuring charges of $29.5 million and $89.5 million, respectively. source
• The Company recorded $16.5 million of third-quarter 2026 Footprint Rationalization costs in gross profit, versus $4.6 million in third-quarter 2025. source

Impact estimates