SWK Q3 2025 TL;DR Summary
Stanley Black & Decker (SWK) reported mixed third-quarter results characterized by severe non-cash charges offsetting strong operational leverage in segments. Q3 Net Sales remained flat at \(3.76B (volume down 6%, price up 5%), but Net Earnings plummeted to \)51.4M (\(0.34 EPS) from \)91.1M YoY, primarily due to a \(169.1M pre-tax asset impairment charge hitting Lenox, Troy-Bilt, and Irwin brands following brand strategy updates. Restructuring charges of \)32.1M (including a $19.2M pension settlement loss) were also recorded.
Year-to-date (YTD), Net Earnings from cont
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