Stanley Black & Decker, Inc. · NYSE:SWK
Stanley Black & Decker — Q1 2026 Earnings Presentation
17 slides from Stanley Black & Decker's earnings presentation, Apr 29, 2026
Slide 1: First Quarter 2026 Overview
April 29, 2026 FIRST 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: 1Q 2026 Key Messages
1Q 2026 Key Messages Solid start to 2026, with progress firmly on track to achieve annual financial targets $3.8B 30.2% Adj. Gross Margin* Total Net Sales Down 20 bps YoY Up 3% YoY Purposeful operational cost Flat Organic Revenue* improvements and higher pricing were offset by increased tariff expen
Slide 4: Tools & Outdoor Segment
Disciplined execution supports solid Tools & Outdoor Segment progress on key performance metrics Organic Revenue* Down 1% $3,160M $3,336M PT HTAS -2% -3% N.A. Europe -2% +1% Net Sales OPG +1% RoW Flat Net Sales Flat YoY Up 2% YoY Organic revenue* was primarily driven by lower North America retail vo
Slide 5: Engineered Fastening Segment
Disciplined execution supports solid Engineered Fastening Segment progress on key performance metrics Organic Revenue* Up 7% $511M Aerospace All Other +31% +2% Net Sales Up 10% YoY Organic growth* driven by robust aerospace growth and automotive outperforming the market. These gains were partially o
Slide 6: Winning in the Pro Channels Globally
Brand activation strategy is Winning in the Pro Channels Globally building positive momentum for DeWalt and Stanley ENGINEERED FASTENING 200+ ➢ Supporting strength 1Q26 Commercial & Industrial DEWALT ➢ Enabling end user conversion ➢ Engineered to support safe work environments without sacrificing pe
Slide 7: 2026 Guidance
2026 Guidance1 OTHER METRICS TOTAL COMPANY Pre-Tax Non-GAAP Adjustments4: ~$10-$65M TOTAL NET SALES2 YoY ~Flat Other Net*: ~$240M Organic Revenue* Up LSD % Currency Up ~1 % Net Interest Expense: ~$270M CAM Divestiture (2Q-4Q) & Down ~3% Depreciation*: ~$350M | Intangible Amortization: ~$110M Licensi
Slide 8: Margin Expansion Firmly On-Track & Debt Reduction Effectively Completed in April
Margin Expansion Firmly On-Track & Debt Reduction Effectively Completed in April (2Q’26) after CAM Divestiture Executing our strategic plans to attain our near-term and long-term objectives YoY Adj. Gross Margin* Expansion Forecast by Half-Year Leverage Ratio Improvement 1H Up ~150 bps YoY 2H Up ~20
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: | 2: S a z x= S 3s a ey S &
3 | 2: S a z x= S 3s a ey S &
Slide 11: Liquidity and Free Cash Flow Reconciliation
Liquidity and Free Cash Flow Reconciliation Free Cash Flow Liquidity Key Points GAAP • Target: Maintain solid investment grade credit ratings First Quarter • $3.5B in credit facilities backed by a well capitalized, diversified bank group which supports the commercial 2025 2026 V$ paper program Net E
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 FIRST QUARTER YEAR-TO-DATE 2026 2025 2025 2024 2023 Net earnings (loss) from continuing operations s 59.6 904 s 4019S 2863 S$ — Q8l. 96 of Net Sales 1.5% 2.4% 2.7% 1.9% -1.8% Interest - net 75.9 712 3179 3195 3725 Income taxes on continuing operations 25.2 372 160 452) (04.0) D
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
Stanley Black & Decker — Q1 2026 Earnings Presentation on 6ix