Stanley Black & Decker slides after downbeat annual forecast
ReutersFeb 4, 2026 1:39 PM
Shares of power tools maker Stanley Black & Decker SWK.N fall 2.8% to $78.7 in premarket trading
SWK forecast 2026 profit below Wall Street estimates, as tariff-fueled price hikes hurt demand for its power tools
Co sees 2026 adjusted profit per share between $4.90 and $5.70, midpoint of which is below analysts' estimates of $5.66 per share, according to data compiled by LSEG
Posts Q4 adjusted profit per share of $1.41, down from $1.49 a year ago
Quarterly net sales fell to $3.68 billion from $3.72 billion a year earlier
SWK fell 7.5% in 2025
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