Stanley Black & Decker report Q1 highlights, $3.8 billion in net sales

Stanley Black & Decker, a global leader in tools and outdoor solutions, announced its first quarter 2026 financial results.

In the first quarter of the year, the company saw net sales of $3.8 billion, up 3 percent versus the prior year and flat on an organic base. Compared to 2026, Stanley Black & Decker reported these highlights:

• Net Sales of $3.8 billion, up 3 percent, as higher price and currency were partially offset by lower volume.
• Gross margin of 30.1 percent, up 20 basis points, and adjusted gross margin of 30.2 percent, down 20 basis points. Delivered approximately flat gross margins (in-line with expectations) as operational cost improvements and higher pricing were largely offset by increased tariff expense, volume deleverage, and other inflation. 
• SG&A expenses of 23 percent of sales, down 20 basis points, and adjusted SG&A expenses of 22.8 percent, up 20 basis points.
• Net earnings were 1.5 percent of sales, a decrease of 90 basis points.

A word from Stanley Black & Decker

Chris Nelson, Stanley Black & Decker's President & CEO, commented, "Stanley Black & Decker entered 2026 with unwavering commitment to our strategic priorities, and we delivered stronger than planned first quarter results through disciplined execution. Our team's focus and resilience ensured that sales, gross margin, and cash performance remain firmly on track with our full year plan. I am proud of our team for maintaining their customer-centric approach and for advancing our vision to build a world-class branded industrial company.

"We are confident in our strategy and our ability to achieve our long-term financial goals, even amid global economic uncertainty. By protecting and advancing targeted, strategic investments, we are positioning Stanley Black & Decker for sustainable, profitable growth and continued value creation for our shareholders."