Stanley Black & Decker Raises Outlook after Q2 Organic Growth

Stanley Black & Decker reported second-quarter 2026 revenue of approximately USD 3.96 billion on July 29, broadly unchanged from a year earlier. Organic sales increased 3%, with volume gains partly offset in the reported total by portfolio changes.

The quarterly release said the sale of Consolidated Aerospace Manufacturing had completed in April. The disposal and a move toward licensing gas-powered walk-behind outdoor products affected the revenue comparison, while U.S. retail and commercial and industrial channels supported growth in Tools & Outdoor.

Reported earnings were USD 2.33 per share, compared with adjusted earnings of USD 1.57. Both measures included an approximately USD 0.17 benefit from net tariff refunds. Reported gross margin reached 33.0%; the company separately identified the refund contribution, making it relevant when comparing the quarter with periods that did not contain that benefit.

Operating cash flow was USD 763 million, and the company reduced debt by approximately USD 1.7 billion during the quarter. Management raised full-year adjusted earnings guidance to USD 5.20–5.80 per share. The results combine operating improvement, a completed business sale and tariff-related effects, so the reported totals should be read with the company's organic and adjusted reconciliations for the same period.