Here's Why Stanley Black & Decker Stock Got Hammered 22% in April
Shares in toolmaker and engineered fastener company Stanley Black & Decker (NYSE: SWK) slumped by 21.9% in April, according to data from S&P Global Market Intelligence. There's no debating the reason. The Liberation Day tariffs President Trump announced at the start of the month are significantly affecting its business, and management promptly lowered its full-year guidance on its first-quarter earnings presentation at the end of the month. Here's the why and how.Management estimates the tariffs imposed in April, which came on top of previously announced tariffs, will result in a negative $0.75 impact on earnings per share (EPS) in 2025, reducing its full-year guidance accordingly.The midpoint of its full-year adjusted EPS guidance is now $4.50, compared with prior guidance of $5.25. Similarly, management lowered its 2025 free cash flow forecast to $500 million from $750 million. Continue reading
Shares in toolmaker and engineered fastener company Stanley Black & Decker (NYSE: SWK) slumped by 21.9% in April, according to data from S&P Global Market Intelligence. There's no debating the reason. The Liberation Day tariffs President Trump announced at the start of the month are significantly affecting its business, and management promptly lowered its full-year guidance on its first-quarter earnings presentation at the end of the month. Here's the why and how.
Management estimates the tariffs imposed in April, which came on top of previously announced tariffs, will result in a negative $0.75 impact on earnings per share (EPS) in 2025, reducing its full-year guidance accordingly.
The midpoint of its full-year adjusted EPS guidance is now $4.50, compared with prior guidance of $5.25. Similarly, management lowered its 2025 free cash flow forecast to $500 million from $750 million.
