Stanley Black & Decker, Inc.

Company facts

Industry

Cutlery, Handtools & General Hardware

Headquarters

New Britain, Connecticut

Most recent report

10-Q, filed Nov 4, 2026

Incorporated

Connecticut

Filings on record

1,000+ filings

On EDGAR

CIK 93556

Fiscal year ends

January

Filer status

Large accelerated filer

What to read: Oct 2026 10-Q

SECSift found 5 of 11 sections worth reading, with 3 positive, 18 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Contains IEEPA tariff refunds, CAM divestiture gain, restructuring, and litigation updates.
  Notable

  • Recognized $180.7M pre-tax gain in Q3 2026 from IEEPA tariff refunds, partially offset by $48.2M in costs.
  • Commercial paper program reduced from $3.5B to $3.0B in Aug 2026; no CP outstanding at Oct 2026.
  • Contingent consideration liability for Craftsman royalties fell to $92.8M at Oct 2026 from $109.5M at Jan 2026.
  • Restructuring charges of $89.5M YTD 2026, mostly in Tools & Outdoor ($76.5M), for supply chain reorganizations.
  • Class action securities lawsuit survived motion to dismiss; case proceeds to discovery.
  • Environmental reserves total $244.2M at Oct 2026, with $150.7M for the Centredale Superfund site alone.
  • Completed CAM divestiture for ~$1.8B cash, recognizing a $276.7M pre-tax gain in Q2 2026.

• Management's Discussion (Item 2)

  Full MD&A with segment results, tariff refunds, guidance, and restructuring details.
  Positive

  • Raised 2026 GAAP EPS guidance to $5.45-$5.85 from $4.60-$5.45.
  • Raised 2026 free cash flow target to $1.0-$1.2B from $600-$800M.
  Notable

  • New $1B share repurchase authorization approved Oct 29, 2026, expiring in 36 months.
  • Pending sale of Excel business for $225M cash, expected to close in Q4 2026.
  • CAM divestiture closed April 6, 2026 for $1.8B; net proceeds used to reduce debt and buy shares.
  • Engineered Fastening net sales down 21% in Q3 2026 due to CAM divestiture; organic revenue up 2%.
  • Recognized $181M pre-tax gain in Q3 2026 from IEEPA tariff refunds, partially offset by $48M costs.

• Legal Proceedings (Item 1)

  Court denied motion to dismiss in securities class action; case proceeds to discovery.
  Notable

  • Derivative action stay denied on Nov 3, 2026; defendants must defend while securities case is still early.
  • State derivative action stay granted on Oct 26, 2026, pending fact discovery and class certification in securities case.
  Negative

  • Court denied motion to dismiss securities class action on Oct 2, 2026; case proceeds to discovery, increasing litigation risk.

• Risk Factors (Item 1A)

  New tariff and trade risk details with specific impacts and mitigation actions.
  Notable

  • Refund claims for IEEPA tariffs paid are uncertain; no assurance of meaningful recovery.
  • Company shifted power tool production to Mexico in 2025, triggering additional tariffs; seeking USMCA exemption.
  Negative

  • New U.S. tariffs since 2025 prompted retaliatory actions; company shifted production to Mexico, incurring more tariffs.
  • China's April 2025 export restrictions on rare earth minerals caused delays and shortages of components.

• Unregistered Sales and Repurchases (Item 2)

  New $1B buyback authorization and $500M program exhausted; forward contract details.
  Positive

  • New $1B buyback authorization approved October 29, 2026, replacing exhausted $500M program.
  Notable

  • April 2026 $500M program fully used by Q3 2026; $250M repurchased in each of Q2 and Q3.
  • 2,373,927 shares remain under a 2015 forward purchase contract, excluded from table.

What changed: Oct 2026 vs. Jul 2026

About 8% of SWK's Oct 2026 10-Q is new information. 26 paragraphs were added, 180 changed, and 39 removed. Below are the most important lines SECSift identified.

• Item 1 98
• Item 2 68
• Item 4 4
• Item 1A 3
• Item 6 3
• Item 3 1
• Item 5 1