Stanley Black & Decker reported Q2 earnings of $1.08 per share, beating estimates but down 0.9% YoY. Net sales of $3.95 billion missed the consensus estimate and declined 2% YoY. The Tools & Outdoor segment saw revenues of $3.46 billion, down 1.9% YoY, while the Engineered Fastening segment's revenues declined 2.4% YoY. The company expects total revenues to be flat YoY in 2025 and adjusted earnings of $4.65 per share.
Stanley Black & Decker (SWK) reported its second-quarter 2025 earnings on July 29, with adjusted earnings of $1.08 per share, beating the Zacks Consensus Estimate of 38 cents [2]. However, the company's net sales of $3.95 billion missed the consensus estimate and declined 2% year-over-year (YoY) [2].
The Tools & Outdoor segment saw revenues of $3.46 billion, down 1.9% YoY, while the Engineered Fastening segment's revenues declined 2.4% YoY [2]. The company expects total revenues to be flat YoY in 2025 and adjusted earnings of $4.65 per share [2].
SWK's gross profit decreased 6.5% YoY to $1.07 billion, and the gross margin decreased 140 basis points (bps) to 27% [2]. Selling, general, and administrative expenses increased 5.4% YoY to $873.1 million, and adjusted EBITDA was $318.2 million, indicating a year-over-year decline of 25.9% [2].
The company's cash and cash equivalents stood at $311.8 million at the end of the second quarter, compared with $290.5 million at the end of fourth-quarter 2024 [2]. The long-term debt balance was $4.76 billion, lower than $5.6 billion reported at the end of fourth-quarter 2024 [2].
SWK currently carries a Zacks Rank #3 (Hold) and is expected to report an earnings beat this time around [3]. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 18.4% [3].
References:
[1] Reuters. "Stanley Black & Decker Falls After Posting Lower Q2 Profit." Reuters, 2025. URL: https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3TQ1IE:0-stanley-black-decker-falls-after-posting-lower-q2-profit/
[2] Yahoo Finance. "Stanley Black & Decker, Inc. Reports Second-Quarter 2025 Earnings." Yahoo Finance, 2025. URL: https://finance.yahoo.com/news/stanley-blacks-q2-earnings-beat-152200400.html
[3] Yahoo Finance. "Stanley Black & Decker, Inc. Scheduled to Release Second-Quarter 2025 Results." Yahoo Finance, 2025. URL: https://finance.yahoo.com/news/stanley-black-gears-report-q2-141700282.html
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