Stanley Black & Decker beats Q3 estimates with solid execution By Investing.com
Update: 2025-11-04
Description
Stanley Black and Decker surprises with strong Q3 earnings, beating analysts' expectations with adjusted EPS of $1.43, up by $0.24. Revenue reached $3.8 billion, matching last year's results. Gross margin improved to 31.6% due to smarter pricing and supply chain changes, but tariffs and inflation held it back. Despite beating expectations, the stock price dipped slightly. The company's tools and outdoor equipment brands saw mixed results, with DEWALT growing amidst a tough consumer environment. Stanley Black and Decker generated $120 million in new cost savings in Q3, with a goal of $2 billion. They slightly lowered their earnings estimate for next year due to higher production costs, while maintaining their free cash flow goal at $600 million. The quarter also included $169 million in non-cash impairment charges as the company shifts focus away from certain brands.
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