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Stanley Black & Decker, Inc. (NYSE:SWK) Q1 2026 Earnings Call Transcript
Stanley Black & Decker (NYSE:SWK) reported a solid start to 2026, exceeding Q1 expectations with revenue up 3% and adjusted EPS at $0.80, driven by strong outdoor product preseason sales. The company successfully divested its Aerospace Fasteners business, using the $1.6 billion net proceeds for debt reduction, and plans for share repurchases. Despite ongoing market challenges, SWK maintains its full-year adjusted EPS guidance of $4.90 to $5.70, anticipating flat total revenue but low single-digit organic growth, and expects significant adjusted gross margin expansion throughout the year.