Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — Q2 2026 Earnings Presentation
17 slides from Stanley Black & Decker's earnings presentation, Jul 29, 2026
Slide 1: Second Quarter 2026 Overview
July 29, 2026 SECOND QUARTER 2026 OVERVIEW Chris Nelson Patrick Hallinan Michael Wherley PRESENTERS: President & CEO EVP, CFO & Chief Administrative Officer VP, Investor Relations 1
Slide 2: Cautionary Statement
Cautionary Statement This Presentation and related discussions contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such statements other than statements of historical
Slide 3: 2Q 2026 Key Messages
2Q 2026 Key Messages Solid operating performance and gross margin expansion, boosted by 3% organic revenue* growth $4.0B 33.7% Total Net Sales Adj. Gross Margin* Flat YoY1 Up 620 bps YoY Organic Revenue* Up 3%1 Gross productivity and product mix Volume Price FX Port. 2 drove significant YoY improvem
Slide 4: Tools & Outdoor Segment
Tools & Outdoor Segment Power tools and U.S. retail both returned to YoY growth Organic Revenue* Up 3% $3,160M $3,564M PT HTAS +8% +2% N.A. Europe +4% - 2% Net Sales OPG -7% RoW +3% Net Sales Flat YoY Up 3% YoY1 Organic revenue* was primarily driven by power tools strength in U.S. retail supported P
Slide 5: Engineered Fastening Segment
Solid 2Q performance in its first Engineered Fastening Segment quarter without CAM business Organic Revenue* Up 3% $396M Auto +2% Industrial +7% Net Sales Organic growth* driven by automotive, which Down 18% YoY1 outpaced the market, and broad-based strength across global industrial markets. Volume
Slide 6: Building Momentum in Large-Scale Commercial Projects
Building Momentum in Large-Scale Commercial Projects TRADE SCHOOLS DISTRIBUTION END-TO-END SALES SOLUTIONS END USER JOB SITE 360° ENGAGEMENT TRAINING Delivering stronger brand performance through purposeful activation across the commercial construction ecosystem 6
Slide 7: 2026 Guidance
2026 Guidance1 OTHER METRICS TOTAL COMPANY Pre-Tax Non-GAAP Adjustments4: Flat to $40M TOTAL NET SALES2 YoY ~Flat Other Net*: ~$230M Organic Revenue* Up LSD % Currency Up ~1 % Net Interest Expense: ~$255M CAM Divestiture (2Q-4Q) & Down ~3% Depreciation*: ~$335M | Intangible Amortization: ~$110M Lice
Slide 8: Operational Focus Driving Strong Margin Performance and Thoughtful Capital Allocation Strategy
Operational Focus Driving Strong Margin Performance and Thoughtful Capital Allocation Strategy 2H Adj. Gross Margin* Expansion Forecast Capital Deployment Update 2H Up ~200 bps YoY ~34-35% • Following CAM divestiture on April 6: 32.5% o Reduced debt by ~$1.7B in 2Q o Repurchased ~3.2M shares for $25
Slide 9: Building a World Class, Branded Industrial Company
Building a World Class, Branded Industrial Company Delivering long-term value by solving our end users’ most pressing and complex challenges Strategic Imperatives Activate Brands with Purpose Drive Operational Excellence Accelerate Innovation Focused on organic growth*, margin expansion, cash genera
Slide 10: Q&A
Q&A 10
Slide 11: Liquidity and Free Cash Flow Reconciliation
Liquidity and Free Cash Flow Reconciliation Free Cash Flow Liquidity Key Points • Target: Maintain solid investment grade credit ratings Second Quarter Year-to-Date • $3.0B in credit facilities backed by a well capitalized, $M 2025 2026 V$ 2025 2026 V$ diversified bank group which supports the comme
Slide 12: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures 12
Slide 13: Reconciliation of GAAP to Non-GAAP Segment Profit
Reconciliation of GAAP to Non-GAAP Segment Profit 13
Slide 14: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures 14
Slide 15: EBITDA Reconciliation
EBITDA Reconciliation Net earnings % of Net Sales Interest - net Income taxes Devenits Amortization EBITDA’ % of Net Sales Non-GAAP adjustments before income taxes Less: Accelerated depreciation included in Non-GAAP adjustments before income taxes Adjusted EBITDA’ % of Net Sales SECOND QUARTER YEAR-
Slide 16: Summary of Non-GAAP Adjustments
Summary of Non-GAAP Adjustments 16
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures The Company has provided a discussion of its results both inclusive and exclusive of certain gains and charges. The results and measures, including gross profit, SG&A, Other, net, Income taxes, and segment profit, on a basis excluding certain gains and charges, free cash
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