Welcome to our dedicated page for Stanley Black news (Ticker: SWK), a resource for investors and traders seeking the latest updates and insights on Stanley Black stock.
Stanley Black & Decker, Inc. (NYSE: SWK) generates a steady flow of news as a global Tools and Outdoor manufacturer with a portfolio of brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet. Founded in 1843 and headquartered in the USA, the company operates manufacturing facilities worldwide and serves builders, tradespeople and DIY users with power tools, hand tools, storage, outdoor products, digital jobsite solutions and engineered fasteners.
News coverage for SWK commonly includes quarterly earnings announcements, where the company discusses segment performance in Tools and Outdoor and Engineered Fastening, margin trends, cash flow and progress on cost reduction and supply chain transformation programs. Investors also see updates on portfolio actions, such as the agreement to sell its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace, which reflects the company’s approach to active portfolio management and debt reduction.
Another category of news involves product and brand developments. As a Stanley Black & Decker brand, DEWALT issues announcements on new jobsite tools and systems, including concrete solutions and cordless equipment showcased at industry trade shows. These updates illustrate how the company introduces new tools and technologies for demanding professional applications.
Corporate governance and leadership items also appear in the news stream, including board appointments, changes in executive roles and the appointment of leaders for areas such as global supply chain. In addition, SWK issues releases on dividends, investor conference presentations and upcoming earnings webcasts, providing context for shareholders and analysts.
This news page aggregates these items in one place, allowing readers to review financial updates, strategic transactions, product launches and corporate announcements related to Stanley Black & Decker over time.
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 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.
Stanley Black & Decker reported Q1 2025 results with revenues of $3.7 billion, showing a 3% decline year-over-year but achieving 1% organic growth. The company's DEWALT brand marked its 8th consecutive quarter of revenue growth.
Key highlights include: - Gross margin improved to 29.9%, up 130 basis points - EPS reached $0.60, with adjusted EPS at $0.75 - Tools & Outdoor segment remained flat with 1% organic growth - Company implemented high-single digit price increases due to U.S. tariffs - Global Cost Reduction Program generated $130 million in savings
The company projects 2025 EPS of $3.30 (+/- $0.15) on a GAAP basis and approximately $4.50 adjusted. Management is targeting free cash flow to exceed $500 million. To address tariff impacts, the company is accelerating supply chain adjustments and implementing strategic price actions, while leveraging its North American footprint where ~60% of U.S. cost of sales is based.
DEWALT, a Stanley Black & Decker brand, is launching an initiative to celebrate high school seniors choosing trade schools on National Decision Day (May 1). The company is providing free downloadable digital banners for students to announce their trade school commitments on social media.
A recent DEWALT survey reveals strong support for trades education:
- 77% of trade students feel optimistic about their career choice
- 80% report positive parental views of trade careers
- 71% indicate positive perception among friends
As part of their Grow The Trades initiative, DEWALT has committed $30 million by 2027 to address the skilled trades gap. The program includes the DEWALT Trades Scholarship, which is awarding $200,000 to 40 students across the U.S. and Canada this month. The company aims to improve accessibility and resources for trades training through partnerships with organizations focused on skilling, reskilling, and upskilling tradespeople.