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Stanley Black & Decker (SWK) guidance and outlook
Stanley Black & Decker (SWK) raised its guidance on Nov 4, 2026: EPS $5.45–$5.85 for FY2026; EPS $5.95–$6.25 for FY2026; Free cash flow $1.0B–$1.2B for FY2026. Stanley Black & Decker's 10-Q filed Nov 4, 2026 makes 15 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EPS | FY2026 | $5.45–$5.85 | raised |
| EPS | FY2026 | $5.95–$6.25 | raised |
| Free cash flow | FY2026 | $1.0B–$1.2B | raised |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- With a strengthened foundation and a more streamlined organization, focused on its core imperatives, the Company is well-positioned to drive performance towards its long-term financial targets.
- In mid-2022, the Company launched a Global Cost Reduction Program comprised of a series of initiatives designed to generate targeted pre-tax run-rate cost savings of $2.0 billion by resizing the organization, reducing inventory, and transforming its supply chain with the ultimate objective of driving long-term growth, improving profitability and generating strong cash flow.
- Although the broader Global Cost Reduction Program has been completed, the Company continues to pursue targeted and strategic footprint actions to support the ongoing network transformation and reposition its supply chain, as necessary.
- The charges associated with the execution of the Global Cost Reduction Program in 2025, as well as the charges related to targeted footprint actions in 2026, are reflected in the Non-GAAP adjustments detailed below in "Results From Operations." The expected charges for 2026 are reflected in the Company's full year estimate of Non-GAAP adjustments detailed below in "2026 Guidance".
- The Company considers the use of Non-GAAP financial measures relevant to aid analysis and understanding of the Company’s results, business trends and outlook measures aside from the material impact of certain gains and charges and ensures appropriate comparability to operating results of prior periods.
- If enacted into law in each of the jurisdictions in which the Company operates following the indicated timeline, the SbS system would generally be expected to exempt the Company from the application of two of the three Pillar Two top-up taxes starting in 2026.
- Based on the result of the assessment, the Pillar Two tax impact is expected to be immaterial to the Company's 2026 estimated annual tax rate.
- The Company continues to assess the potential impact of Pillar Two, including the SbS system, and monitor developments in legislation, regulation, and interpretive guidance in these areas.
- The Company will continue to assess the potential impact of the OBBBA and monitor developments in legislation, regulation, and interpretive guidance in this area.
- The Company expects to achieve annual net cost savings of approximately $150 million by the end of 2027 related to the restructuring costs incurred during the nine months ended October 3, 2026.
- The Company expects the pre-tax gains recognized in the second and third quarters of 2026 to be further offset by additional growth investments deployed in the fourth quarter of 2026.
- The Company will continue to monitor and evaluate developments on tariff policy and the ongoing phased refund process related to IEEPA tariffs as new information becomes available.
Stanley Black & Decker's latest quarter
Stanley Black & Decker, Q3 2026: revenue $3.7B (-0.6% year over year), operating margin 9.6%, net earnings $272M, operating cash flow $658M. The chart follows the revenue to costs, profit and cash.
Questions
Did Stanley Black & Decker raise or lower its guidance?
Stanley Black & Decker (SWK) raised its guidance on Nov 4, 2026: EPS $5.45–$5.85 for FY2026; EPS $5.95–$6.25 for FY2026; Free cash flow $1.0B–$1.2B for FY2026.
What does Stanley Black & Decker expect?
With a strengthened foundation and a more streamlined organization, focused on its core imperatives, the Company is well-positioned to drive performance towards its long-term financial targets. In mid-2022, the Company launched a Global Cost Reduction Program comprised of a series of initiatives designed to generate targeted pre-tax run-rate cost savings of $2.0 billion by resizing the organization, reducing inventory, and transforming its supply chain with the ultimate objective of driving long-term growth, improving profitability and generating strong cash flow. Although the broader Global C
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.