Stanley Black & Decker Exceeds Earnings Estimates, Raises Fiscal Year Outlook
Stanley Black & Decker (SWK) reported second-quarter results that exceeded both revenue and earnings expectations. Non-GAAP EPS came in at $1.57 per share, surpassing estimates by $0.36, while revenue reached $4 billion—$40 million above forecasts—and grew 1.3% year-over-year. The company also highlighted strong cash generation with operating cash flow of $763 million and free cash flow of $698 million. In addition to the solid quarterly performance, Stanley Black & Decker raised its full-year fiscal 2026 guidance for both revenue and earnings per share. This upward revision reflects confidence in continued operational momentum and improved financial results across key business segments.
Tickers: $SWK
Topics: Earnings Financial Performance