Stanley Black & Decker posts Q3 2026 beat, raises FY2026 EPS and free‑cash‑flow outlook
Stanley Black & Decker reported third‑quarter 2026 net sales of $3.7 billion, down 1% year‑over‑year but up 4% on an organic basis. Adjusted earnings per share were $2.31, helped by a $0.67 per‑share benefit from tariff refunds, while GAAP EPS was $1.83. The company lifted its full‑year adjusted EPS guidance to $5.95‑$6.25 and free‑cash‑flow guidance to $1.0‑$1.2 billion, and announced a new $1 billion share‑repurchase authorization.
Why it matters
The raised EPS and free‑cash‑flow targets increase the company’s earnings outlook for FY2026, potentially supporting a higher valuation. The additional $1 billion buyback authorization gives the board more flexibility to return capital to shareholders.
Key facts
- 1Net sales were $3.7 billion, down 1% year‑over‑year. prnewswire.com
- 2Organic sales grew 4%. prnewswire.com
- 3GAAP EPS was $1.83. prnewswire.com
- 4Adjusted EPS was $2.31, including a $0.67 per‑share benefit from tariff refunds. prnewswire.com
- 5Gross margin was 39.0%; adjusted gross margin was 39.4%. prnewswire.com
- 6Free cash flow was $585 million. prnewswire.com
Summary written by AlphAI AI Desk from 19 of 19 sources. Not investment advice. Figures are as stated by the linked sources.