Stanley Black & Decker reported second-quarter earnings that surpassed analyst expectations and raised its full-year adjusted EPS guidance. Revenue was flat year over year at $3.96 billion, meeting Wall Street estimates, while adjusted EPS of $1.57 beat the consensus of $1.21 by 29.9%. Adjusted EBITDA reached $466.4 million, exceeding the $414.8 million estimate, and operating margin expanded to 9% from 4.9% a year ago. Organic revenue rose 3%, driven by an 8% increase in power tools and positive growth across the DEWALT, STANLEY, and CRAFTSMAN brands. Management attributed the margin improvement to productivity gains, favorable product mix, and tariff refunds that added approximately 250 basis points to adjusted gross margin. The company raised its full-year adjusted EPS guidance to $5.50 at the midpoint, a 3.8% increase, and plans to accelerate investments in brand activation and product innovation using the tariff-related funds.
Stanley Black & Decker IncQ2 earnings beat and raised full-year EPS guidance.