Stanley Black & Decker 3Q 2026: Revenue $3.732B, EPS $1.83— 10-Q Summary

What happened

Stanley Black & Decker reported third-quarter 2026 revenue of $3.732B, down 0.7% year over year. Net income rose to $272.1M from $51.4M, and diluted earnings per share, or profit allocated to each share, increased to $1.83 from $0.34. Tools & Outdoor sales grew 2%, while Engineered Fastening sales fell 21%.

Confirmed

Global impact / market context

Higher net income and earnings per share alongside nearly flat revenue point to improved reported profitability, but sales trends differed sharply between businesses. Tools & Outdoor volume growth supported sales, while Engineered Fastening’s decline largely reflected the CAM sale, making portfolio changes important to interpreting growth.

Analyst inference

The company said volume growth was offset by the CAM divestiture, lower pricing and outdoor product transitions. It also reported $2.1B in run-rate savings, meaning savings at an annualized pace, by end-2025, and expects further savings from 2026 restructuring actions.

Confirmed

What to watch

1. Track whether Tools & Outdoor sustains volume growth and whether lower pricing or outdoor product transitions continue to offset that growth in reported revenue. Analyst inference
2. Watch for the expected fourth-quarter closing of Excel’s $225M sale; completion would further shift the portfolio toward core tools, outdoor and fastening businesses. Proposed
3. Assess whether 2026 restructuring actions deliver about $150M in annual savings by end-2027, as the company expects, and how that relates to profitability. Proposed

Evidence

• Original source link unavailable