By Nicholas G. Miller
Stanley Black & Decker reported lower fourth-quarter profit as tariffs and weak consumer spending on do-it-yourself projects weigh on the company's business.
The company reported net income of $158.2 million, or $1.04 a share, down from $194.9 million, or $1.28 a share, the year prior.
Adjusted earnings were $1.41 a share. Analysts polled by FactSet expected $1.28 a share.
Sales fell 1% to $3.68 billion. Wall Street expected $3.78 billion. The company's tool and outdoor sales fell 2% as lower volume offset higher pricing.
The company guided for 2026 adjusted earnings of $4.90 to $5.70 a share. Analysts see 2026 adjusted earnings of $5.63 a share.
The company raised prices last year to help offset tariff costs. Chief Executive Christopher Nelson said in November the company was seeing "prevailing macroeconomic uncertainty."
A stagnant remodeling and repair market has weighed on the building products and tools industry. High interest rates and affordability concerns have discouraged both home sales and renovation activity.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
February 04, 2026 06:24 ET (11:24 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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