SWK Q3 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 10:58 AM CDT 42 min read

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Tuesday, November 4, 2025 astatine 8 a.m. ET

• President & Chief Executive Officer — Christopher Nelson

• Executive Vice President & Chief Financial Officer — Patrick Hallinan

• Vice President, Investor Relations — Michael Wherley

Christopher Nelson: Thank you, Michael, and bully morning, everyone. I americium honored and energized to beryllium starring Stanley Black & Decker arsenic we embark connected our adjacent section of growth. Since joining the squad implicit 2 years ago, we person focused our businesses connected wherever we privation to compete, the extremity users we privation to service and the markets wherever we tin beryllium a leader. This enactment has been astir being much selective truthful that we put our resources successful the places wherever we spot the astir important opportunities and top ROI for our businesses. We amusement up each time for our customers and extremity users to present what they request erstwhile they request it.

Through everything we do, this volition proceed to beryllium our North Star. Over the past fewer years of transformation, Stanley Black & Decker has solidified our instauration and sharpened our focus. I americium arrogant of the dedication and corporate effort that our squad of astir 48,000 employees beardown has contributed to get america here. Our ambition is to physique a world-class branded concern institution by solving our extremity users' astir pressing and analyzable challenges. We spell to marketplace with a portfolio of iconic brands and innovation is successful our DNA. We person beardown connections with customers and extremity users, and our brands unfastened doors and spend entree to opportunities successful geographies astir the world.

These foundational attributes, combined with the renewed absorption achieved done our transformation, person positioned america to triumph crossed industries poised for semipermanent growth. Stanley Black & Decker has made tremendous advancement towards the objectives we established astatine the outset of our strategical transformation. We achieved these results contempt a rapidly shifting operating environment, evolving user request dynamics and commercialized argumentation fluctuations. With the operational proficiency and agility we person developed done our strategical transformation, we tin present service our customers and extremity users much efficaciously and efficiently. With a beardown instauration firmly successful spot and with a importantly simplified and focused business, we judge our aboriginal occurrence volition present beryllium determined by however efficaciously we execute our strategy.

This presents america with the compelling accidental to present charismatic returns for our investors portion benefiting each stakeholders. As we look forward, we are connected way to successfully present the $2 cardinal outgo simplification targeted erstwhile we began our translation implicit 3 years agone by year-end 2025. Our adjacent precedence is to execute 35% adjusted gross borderline portion further strengthening our equilibrium sheet. We volition physique connected our capabilities and beardown fiscal instauration arsenic we execute our 3 strategical imperatives: activating our brands with purpose, driving operational excellence and accelerating innovation.