Stanley Black & Decker reported second-quarter adjusted earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.20 by 30.8% and up from $1.08 a year ago, while net sales of $3.96 billion edged past expectations and rose 0.4% year over year. The company raised its full-year 2026 adjusted earnings guidance to $5.20-$5.80 per share from $4.90-$5.70 and lifted its free cash flow forecast to $600-$800 million from $500-$700 million, citing tariff refunds and productivity gains. Within its segments, Tools & Outdoor revenues grew 3% to $3.56 billion, while Engineered Fastening revenues fell 18% to $396.4 million due to the divestiture of the Consolidated Aerospace Manufacturing business, though organic revenues rose 3% excluding that impact. Gross margin expanded 600 basis points to 33.0%, and adjusted EBITDA jumped 40.1% to $445.7 million, with free cash flow surging to $698.2 million from $134.7 million. The company also repurchased about $250 million of shares and paid $124.3 million in dividends during the quarter.
Stanley Black & Decker IncBeat Q2 estimates, raised 2026 guidance, and strong free cash flow.
