Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — Q3 2026 Earnings Presentation
17 slides from Stanley Black & Decker's earnings presentation, Nov 4, 2026
Slide 1: Third Quarter 2026 Overview
November 4, 2026 THIRD 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: 3Q 2026 Key Messages
3Q 2026 Key Messages $3.7B 39.4% Total Net Sales Adj. Gross Margin* Down 1% YoY1 Up 780 bps YoY Organic Revenue* Up 4% Net tariff refunds3 contributed ~430 bps Volume Price FX Port. 2 with the balance from gross +6% -2% Flat -4% productivity and product mix $2.31 3 $250M Share Buyback in 3Q Adjusted
Slide 4: Tools & Outdoor Segment
Tools & Outdoor Segment U.S. Retail and Commercial & Industrial channels contributed to strong YoY growth $3,336M Organic Revenue* Up 4% PT + 10% N.A. + 6% Net Sales HTAS + 2% Europe + 1% Up 2% YoY OPG - 12% RoW - 1% Volume Price FX Port.1 Organic revenue* was primarily driven +7% -3% Flat -2% by po
Slide 5: Engineered Fastening Segment
Engineered Fastening Segment Industrial strength offset softness in auto market Organic Revenue* Up 2% $396M Auto - 2% Net Sales Industrial +10% Down 21% YoY Organic growth* driven by broad- Volume Price FX Port.1 based strength across global +1% +1% -1% -22% industrial markets, partially offset by
Slide 6: Building Stronger Brands to Drive Durable Organic Growth
Building Stronger Brands to Drive Durable Organic Growth Targeted investments behind innovation, channel execution, and brand activation are strengthening end user engagement and augmenting early commercial momentum 6
Slide 7: 2026 Guidance
2026 Guidance1 OTHER METRICS TOTAL COMPANY Pre-Tax Non-GAAP Adjustments4: Flat to $20M TOTAL NET SALES2 YoY ~Flat Other Net*: ~$230M Organic Revenue* Up LSD % Currency Net Interest Expense: ~$250M Up ~1 % CAM Divestiture (2Q-4Q) and Down ~3% Depreciation*: ~$330M | Intangible Amortization: ~$105M Li
Slide 8: Operational Focus Driving Strong Margin Performance and Thoughtful Capital Allocation Strategy
Operational Focus Driving Strong Margin Performance and Thoughtful Capital Allocation Strategy 4Q Adj. Gross Margin* Forecast Cash and Capital Deployment Update Still Expected To Be ~34-35% • Strong free cash flow* of $836M YTD, affording ~34-35% the ability to invest in growth, support the 33.3% di
Slide 9: Building a World Class, Branded Industrial Company: Strategic Imperatives
Building a World Class, Branded Industrial Company Strategic Imperatives Activate Brands with Purpose Drive Operational Excellence Accelerate Innovation Focused on delivering long-term value by solving our end users’ most pressing and complex challenges *Non-GAAP financial measure: Refer to appendix
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 • $3.0B in credit facilities backed by a well capitalized, diversified bank group which supports the commercial paper program • Next upcoming debt maturity in 2028
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 Sin millions Net earnings % of Net Sales Interest - net Income taxes Depreciation 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 THI
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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