Stanley Black & Decker Q2 Profit Surges to $351M, Guides FY EPS to $5.20-$5.45
SWK sits 55% above its 52-week low of $61.9 on elevated volume (2.1× avg).
Summary
Stanley Black & Decker reported Q2 GAAP EPS of $2.33, up sharply from $0.67 a year ago, on revenue of $3.96 billion. Adjusted EPS came in at $1.57. The company issued full-year EPS guidance of $5.20 to $5.45, a significant raise from prior expectations, and also lifted its 2026 forecast. This follows the Q1 report that had already boosted GAAP EPS outlook after the $1.8 billion CAM divestiture. The stock is trading near its 52-week high, and this strong quarter with raised guidance confirms the turnaround narrative. The plant closure in New Britain, announced in May, suggests ongoing cost restructuring that may be contributing to margin improvement.
At the time of this announcement, SWK was trading at $95.70 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $14.6B. The 52-week trading range was $61.90 to $96.04. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.