Stanley Black & Decker 4Q Profit Falls As Tools Sales Decline

Dow Jones02-04 19:24
 

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.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment