SWKStanley Black & Decker, Inc.

Filed with the SEC on November 4, 2026 | Current Price: $118.24 | Today's Change: +13.06%

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What Happened

Stanley Black & Decker, Inc. (NYSE: SWK) filed an 8-K with the SEC on November 4, 2026 under Items 2.02 (Results of Operations), 7.01 (Regulation FD), and 9.01 (Financial Statements and Exhibits), disclosing its Q2 FY2026 financial results. The company reported total revenues of $7.69 billion for the quarter, with net income of $90.4 million and both basic and diluted earnings per share of $1.27. The filing represents the company's official disclosure of operational performance for the period and triggered a sharp single-session price move, with shares surging +13.06% to $118.24 on the day of the report.

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Why It Matters

The scale of today's market reaction — a double-digit percentage surge — signals that the reported results came in materially ahead of investor expectations heading into the print. For context:

• Revenue of $7.69B reflects the ongoing scale of SWK's global tools and industrial business, though investors will want to assess the trajectory relative to prior comparable periods.
• Net income of $90.4 million on roughly $7.69 billion in revenues implies a net margin of approximately 1.2%, which is thin by historical standards for the company and suggests ongoing pressure from input costs, restructuring activity, or volume headwinds — the precise drivers of which are not available from the XBRL-extracted figures alone.
• EPS of $1.27 (basic and diluted) is the headline number that most directly moved the stock. The convergence of basic and diluted EPS suggests limited dilutive equity instruments outstanding during the quarter.
• For comparison, the filing also contains a reference figure for operating income of $595.6 million in Q3 FY2024, which provides a historical anchor — though direct period-to-period operating income comparisons for Q2 FY2026 are not available from the structured data provided.

The +13.06% share price move on the day strongly implies the EPS figure exceeded Wall Street consensus estimates by a meaningful margin, though the precise magnitude of the beat is not derivable from the filing data alone.

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Analysis

The juxtaposition of a very thin net margin (~1.2%) with a strongly positive market reaction is the defining tension in this report. It suggests one of several dynamics: either the results were significantly better than a deeply pessimistic consensus, or management provided forward guidance during the accompanying earnings call that meaningfully changed the near-term outlook for profitability or revenue trajectory.

Stanley Black & Decker has been navigating a multi-year period of cost restructuring, inventory normalization, and demand softness in its core power tools and hand tools categories. A quarter where revenues hold near $7.7 billion while EPS comes in at $1.27 — however modest in absolute terms — could represent an inflection signal if management has demonstrated that the cost base is stabilizing.

Key items to watch following this filing:

• Management commentary on the earnings call regarding cost-out program progress and gross margin trajectory.
• Any updated full-year FY2026 guidance for revenue and earnings, which would be disclosed in the concurrent investor materials referenced under Item 7.01 (Regulation FD).
• The operating income figure for Q2 FY2026 itself (not provided in the structured XBRL data) to assess whether operating leverage is improving relative to the Q3 FY2024 reference of $595.6 million.
• Trends in working capital and free cash flow, which have been central to SWK's investor narrative during its restructuring phase.

The filing's simultaneous invocation of Items 2.02 and 7.01 is consistent with SWK also having furnished supplemental investor materials (such as an earnings press release or presentation) alongside the official results — standard practice that provides additional context not captured in the XBRL data.

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Disclaimer

This report is a news and informational summary based solely on data extracted from Stanley Black & Decker's official SEC filing and publicly available market data. It does not constitute investment advice, an offer or solicitation to buy or sell any security, or an equity research recommendation of any kind. No rating or price target is assigned or implied. Investors should conduct their own due diligence and consult a qualified financial advisor before making investment decisions.

Source

Filed with the SEC on 2026-11-04. Read the original filing on EDGAR: https://www.sec.gov/Archives/edgar/data/93556/000009355626000036/swk-20261104.htm