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 reports news tied to its tools, outdoor products and engineered fastening businesses. The company makes power tools, hand tools, storage products, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners under brands that include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet.
Recurring developments include earnings releases for Tools & Outdoor and Engineered Fastening, margin and cash-flow commentary, tariff and macroeconomic updates, dividend and share-repurchase actions, and portfolio changes such as the completed sale of the Consolidated Aerospace Manufacturing business. Brand-level updates often center on DEWALT jobsite solutions, trades education and construction-workforce technology.
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.
Stanley Black & Decker (NYSE: SWK) has declared its regular second quarter cash dividend of $0.82 per common share for 2025. The dividend will be paid on June 17, 2025, to shareholders of record as of the close of business on June 3, 2025.
This dividend announcement maintains the company's distinguished position as having the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange.