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Stanley Black & Decker Announces Agreement to Sell Consolidated Aerospace Manufacturing Business to Howmet Aerospace for $1.8 Billion
Prnewswire· 2025-12-22 13:45
Core Viewpoint - Stanley Black & Decker has entered into a definitive agreement to sell its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace for $1.8 billion in cash, aiming to enhance shareholder value and reduce debt [1][2]. Group 1: Transaction Details - The sale of CAM is valued at $1.8 billion in cash and is expected to close in the first half of 2026, pending regulatory approval and customary closing conditions [1][3]. - CAM is projected to generate revenue of approximately $405 to $415 million for FY 2025, with an adjusted EBITDA margin approaching the high-teens percentage [2]. Group 2: Strategic Implications - The proceeds from the transaction are anticipated to significantly reduce the company's debt, helping to achieve a target leverage ratio of 2.5 times net debt to adjusted EBITDA [2]. - The divestiture reflects the company's strategy to focus on its core brands and businesses, allowing for a more agile capital allocation strategy in the future [2]. Group 3: Company Background - Consolidated Aerospace Manufacturing (CAM) is recognized for providing critical fasteners, fittings, and engineered components for the aerospace and defense industries, with a portfolio of trusted brands [4]. - Stanley Black & Decker, founded in 1843, is a global leader in tools and outdoor products, employing approximately 48,000 people and producing a wide range of innovative products [5].
Stanley Black & Decker Announces Release Date for Fourth Quarter and Full Year 2025 Earnings
Prnewswire· 2025-12-18 21:00
Core Viewpoint - Stanley Black & Decker will host a webcast for its fourth quarter and full year 2025 earnings on February 4, 2026, at 8:00 AM ET, with a news release to be distributed prior to market opening on the same day [1]. Group 1 - The webcast will be accessible via a live, listen-only format or teleconference, with links available on the company's "Investors" section of its website [2]. - A replay of the call will be available two hours after the live event on the same section of the website [2]. Group 2 - Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products, employing approximately 48,000 people [3]. - The company produces a range of innovative products including power tools, hand tools, storage solutions, and outdoor products, under well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3].
Is Stanley Black & Decker Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-12-15 11:38
Stanley Black & Decker, Inc. (SWK), based in New Britain, Connecticut, is a diversified global provider of hand tools, power tools and related accessories, mechanical access and electronic security solutions, healthcare solutions, engineered fastening systems, and more. Valued at $11.7 billion by market cap, the company offers onshore and offshore pipeline construction and inspection services. Companies worth $10 billion or more are generally described as “large-cap stocks,” and SWK perfectly fits that d ...
Nantong, Jiangsu: E-commerce Training Helps Enterprises Enhance Digital Marketing and Cross-border Operations
Globenewswire· 2025-12-09 04:19
Core Insights - The Nantong Bureau of Commerce launched a four-month training program aimed at enhancing digital marketing and cross-border operational capabilities for local enterprises [1][2] - The program focuses on upgrading the cross-border e-commerce industry and analyzing future development trends, particularly in sectors like home textiles, power tools, and apparel [2][3] - Nantong's cross-border e-commerce transaction volume reached 10.572 billion yuan from January to October, marking a 51.03% year-on-year increase, with home textiles accounting for over 60% of this volume [3] Group 1 - The training program consists of 12 specialized sessions designed to help local enterprises strengthen their capabilities in digital marketing and cross-border operations [1] - The initial sessions aim to provide targeted guidance to help enterprises seize emerging opportunities in the global e-commerce market [2] - Live-streaming e-commerce sales in Nantong rose to 14.09 billion yuan, reflecting a year-on-year increase of 23.6% [3] Group 2 - Nantong is positioned as an economic hub in the northern Yangtze River Delta, accelerating the high-quality development of its e-commerce industry [3] - Key sectors targeted in the training include home textiles, power tools, and fitness equipment, which have shown significant growth [2][3] - The overall business ecosystem is being reshaped by the rapid expansion of the digital economy and e-commerce [3]
SALI Showcases Global Ambition with Times Square Billboard Campaign, Marking a New Milestone in Its Journey Toward a Global Power Tool Accessories Empire
Globenewswire· 2025-12-07 01:14
Core Insights - SALI, a leading power tool accessories brand from China, aims to transition from an e-commerce powerhouse to a global professional market leader, as showcased by its appearance on Nasdaq's billboard in Times Square under the theme "The Consistent Choice of Millions in Europe and America" [1][4] Group 1: Data-Backed Global Dominance - SALI serves over 160 countries and regions with more than 45 national-level distributors [3][7] - The brand's annual product sales on Amazon US and Europe exceed 300,000 units, with a cumulative user base of over 500,000 on these platforms [3] - There is a reported 15% year-over-year growth in markets associated with the Belt & Road Initiative [3] Group 2: Localized Strategies Breaking Market Barriers - SALI offers DIY-friendly kits tailored for North American hobbyists [3] - The company has established regional warehouses in collaboration with local logistics partners to reduce end-user costs [3] Group 3: The Future: From "Tool Supplier" to "Solution Architect" - SALI's CEO announced a shift towards scenario-based systems, including the upcoming "Safety Green Tools Alliance" with global partners, aiming to redefine sustainable industry standards [4] - The Times Square debut signifies SALI's evolution from a "hidden champion" to a "household global brand" [4]
Stanley Black & Decker Stock: Is Wall Street Bullish or Bearish?
Yahoo Finance· 2025-11-07 06:32
Core Insights - Stanley Black & Decker, Inc. has significantly underperformed the broader market and sector over the past year, with a stock decline of 26.7% in the last 52 weeks and 16% year-to-date, while the S&P 500 Index gained 13.4% and the Industrial Select Sector SPDR Fund gained 7.9% [2][3]. Financial Performance - In Q3, Stanley Black & Decker reported net revenues of $3.8 billion, reflecting a year-over-year increase of 13 basis points, but falling 35 basis points short of market expectations. The company experienced a 6% drop in sales volumes, which was partially offset by price gains and favorable currency movements [4]. - The adjusted selling and administrative expenses as a percentage of sales increased from 20.8% in the previous year to 21% [5]. - The adjusted EPS for Q3 grew from $1.22 in Q3 2024 to $1.43, exceeding consensus estimates by 20.2% [5]. Future Outlook - For the full fiscal year 2025, analysts project an adjusted EPS of $4.55, representing a 4.4% year-over-year increase. The company has a strong history of earnings surprises, having surpassed bottom-line estimates in each of the past four quarters [6]. - Among 17 analysts covering the stock, the consensus rating is a "Moderate Buy," consisting of six "Strong Buys," ten "Holds," and one "Strong Sell" [6]. Analyst Ratings - On November 5, Wells Fargo analyst Joseph O'Dea maintained an "Equal-Weight" rating on the stock but reduced the price target from $80 to $75 [7].
Stanley Black & Decker lowers annual profit forecast on higher production costs
Reuters· 2025-11-04 12:26
Core Viewpoint - Stanley Black & Decker has lowered its annual profit forecast due to increased production costs, resulting in a nearly 4% decline in its shares during premarket trading [1] Company Summary - The company has adjusted its profit outlook for the year, indicating challenges in managing production expenses [1] - The reduction in profit forecast has led to a negative market reaction, as evidenced by the drop in share price [1] Industry Summary - The news highlights the impact of rising production costs on companies within the power tools sector, suggesting potential challenges for other players in the industry [1]
Stanley Black & Decker Announces 4th Quarter 2025 Dividend
Prnewswire· 2025-10-30 21:00
Core Points - Stanley Black & Decker's Board of Directors approved a regular fourth quarter cash dividend of $0.83 per common share, payable on December 16, 2025, to shareholders of record as of December 1, 2025 [1]. Company Overview - Founded in 1843 and headquartered in the USA, Stanley Black & Decker is a global leader in Tools and Outdoor, with approximately 48,000 employees [2]. - The company produces a wide range of products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners, catering to builders, tradespeople, and DIY enthusiasts [2]. - Stanley Black & Decker's portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [2].
Stanley Black & Decker Announces Leadership Transition Plan
Prnewswire· 2025-06-30 10:30
Leadership Transition - Stanley Black & Decker has appointed Christopher Nelson as the new President and CEO, effective October 1, 2025, succeeding Donald Allan, Jr. who has been CEO since July 2022 [1][5] - Donald Allan will transition to the role of Executive Chair of the Board, while Andrea Ayers will become Lead Independent Director [2][5] - This leadership change is part of a comprehensive succession planning process undertaken by the Board [1] Executive Background - Christopher Nelson has over 25 years of executive leadership experience and has been with Stanley Black & Decker since 2023 as COO and President of Tools & Outdoor [6] - Prior to joining Stanley Black & Decker, Nelson held leadership roles at Carrier, the U.S. Army, Johnson & Johnson, and McKinsey & Company [6] Company Performance Expectations - Stanley Black & Decker anticipates that its Second Quarter GAAP and Adjusted EPS performance will exceed its 2025 Planning Assumptions from the Q1 2025 earnings call [4][5]
DEWALT Awards Scholarships to Fund Trade Education
Prnewswire· 2025-05-28 13:00
Core Insights - DEWALT is committed to supporting the trades through its Grow the Trades initiative, which includes a $30 million investment over five years to address the skilled labor gap in the U.S. [2] - The initiative has already awarded nearly $20 million in scholarships, grants, tools, and resources for trades training [2] Group 1: Scholarship Recipients - The 2025-2026 scholarship recipients are pursuing 12 different trade careers, including electrical, carpentry, construction, HVAC, and welding, and they reside in 24 states and three provinces in Canada [1] - Robert Mendez, an aspiring diesel technician, left a corporate career to contribute to industries that impact everyday lives [3] - Gretta Vieths transitioned from desk jobs to electrical construction and maintenance, feeling empowered and optimistic about her future in the trades [4] - Julian Simmons is studying HVAC and Refrigeration while working part-time as an HVAC technician, aiming for a leadership role and eventual business ownership [5] - Haley Debum is studying automotive technology and emphasizes the importance of skilled trades while breaking gender stereotypes [6] Group 2: Company Background - DEWALT, a brand under Stanley Black & Decker, has been a leader in jobsite solutions for over 100 years, focusing on safety and productivity [7] - Stanley Black & Decker, founded in 1843, operates globally with approximately 48,000 employees and a portfolio of trusted brands, including DEWALT, CRAFTSMAN, and STANLEY [8]