Stanley Black Stock Price, News & Analysis

STANLEY (NYSE:SWK) released its Pro's Perspective: Job Satisfaction Report, revealing strong confidence in the residential contracting sector for 2025. The survey of 500 small repair and remodeling companies shows that 89% of pros feel confident about new job prospects, with 69% reporting increased project sizes from clients.

Key findings indicate that 93% of homeowners are pursuing high-end design trends, with kitchen and bathroom remodels being top priorities. Projects typically range from $10,000 to $19,000, primarily in homes valued between $250,000 to $499,000. Despite concerns about material costs (36%) and labor costs (30%), 85% of residential pros report high job satisfaction, with strong client relationships and steady project commitments.

CRAFTSMAN (NYSE:SWK) has announced its partnership with Ace Hardware Foundation and Joe Gibbs Racing for the 19th Annual Racing for a Miracle program supporting Children's Miracle Network Hospitals. The company will make a $100,000 donation to the Ace Hardware Foundation, adding to the $1.9 million contributed since 2006.

The program features ten children from Ann & Robert H. Lurie Children's Hospital in Chicago as honorary junior crew members, with their art being showcased on Christopher Bell's No. 20 race car on July 6. Additionally, Ace Hardware is offering customers 20% off select CRAFTSMAN V20 Power Tools, Outdoor Power Equipment and Accessories from June 25 through July 31, 2025.

Stanley Black & Decker (NYSE: SWK) has announced a significant leadership transition plan. Christopher Nelson, currently Chief Operating Officer and Executive VP of Tools & Outdoor, will become President and CEO effective October 1, 2025. Current CEO Donald Allan, Jr. will transition to Executive Chair of the Board, while Board Chair Andrea Ayers will become Lead Independent Director.

Nelson, who joined the company in 2023, brings over 25 years of executive leadership experience and has been instrumental in optimizing the company's $13 billion Tools & Outdoor business. The transition is part of a comprehensive succession plan, with Allan expected to retire on October 1, 2026, after which the company will return to an Independent Board Chair structure.

The company also reaffirmed its financial outlook, stating that it continues to expect Second Quarter GAAP and Adjusted EPS performance to exceed its 2025 Planning Assumptions from the Q1 2025 earnings call, consistent with statements made at a May investor conference.

DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, hosted winning students from Pennsylvania College of Technology at its headquarters following their success in ABC's Construction Management Competition. The visit included tours of DEWALT's research labs and Customer Experience and Innovation Center, providing hands-on demonstrations and networking opportunities.

The initiative is part of DEWALT's $30 million commitment over five years to its Grow the Trades program. A recent DEWALT survey revealed that 39% of students cite lack of networking and hands-on experiences as barriers to trade apprenticeships. The company continues to invest in technical education programs to address the growing demand for skilled trades professionals.

Stanley Black & Decker (NYSE:SWK) subsidiary DEWALT announced a partnership with SkillsUSA to support future tradespeople. The company will donate $100,000 in tools to The SkillsUSA Championships in Atlanta, where 6,800 students will compete across more than 100 skilled categories.

The initiative is part of DEWALT's Grow the Trades program, a $30 million commitment by 2027 to address the skilled trades gap. To date, DEWALT has awarded nearly $20 million in scholarships, grants, tools, and resources. Since 1999, DEWALT has contributed over $1.7 million in tools and donations to SkillsUSA.

Stanley Black & Decker (NYSE: SWK) has announced it will release its second quarter 2025 financial results on Tuesday, July 29, 2025. The company will host an earnings webcast at 8:00 AM ET on the same day, with the financial results news release being distributed before market opening. The earnings presentation will be accompanied by slides available on the company's investor relations website. Interested parties can access the webcast or join via teleconference, with presentation materials and replay being available on Stanley Black & Decker's website under the Investors section.

CRAFTSMAN's latest survey reveals strong DIY confidence among Millennials and Gen Z homeowners, with over 75% feeling confident about completing home improvement projects in 2025. The Driven to DIY Report, surveying 1,000 homeowners aged 25-40, shows that despite challenges, young renovators remain determined. Key findings indicate that 67% use YouTube as their primary learning resource, while 67% are motivated by a sense of accomplishment. Common obstacles include skills gaps, time management (38% underestimate project duration), and budget estimation (34% struggle with cost planning). The study reveals that only 2% of projects are completely abandoned, with 65% of DIYers feeling motivated to start new projects upon completion. CRAFTSMAN launched their BUILD ON™ initiative in April 2025 to support this growing DIY movement.

DEWALT, a Stanley Black & Decker (NYSE: SWK) brand, has awarded $190,000 in scholarships to 38 students across the U.S. and Canada through its 2025 DEWALT Trades Scholarship program. The initiative supports trade education in various fields including electrical, carpentry, construction, HVAC, and welding. This scholarship program is part of DEWALT's Grow the Trades initiative, a $30 million commitment over five years to address the skilled trades gap in the U.S. To date, DEWALT has awarded nearly $20 million in scholarships, grants, tools, and resources for trades training. The program aims to address a critical need, as a recent DEWALT survey revealed that almost half of pre-apprentices are concerned with the cost of trade school. Recipients include career-changers and new students from 24 U.S. states and three Canadian provinces, pursuing 12 different trade careers.

Stanley Black & Decker (NYSE: SWK) has announced its participation in the upcoming Wolfe Research 18th Annual Global Transportation & Industrials Conference. Chris Nelson, COO, Executive Vice President and President of Tools & Outdoor, will present on Tuesday, May 20th, 2025 at 12:55 PM EDT.

The presentation will be accessible via webcast in the "Investors" section of the company's website, with a replay available for 30 days. Stanley Black & Decker, founded in 1843, is a global leader in Tools and Outdoor products, employing approximately 48,000 people worldwide. The company's portfolio includes renowned brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, and Cub Cadet.