Stanley Black & Decker raises 2026 EPS guidance after $1.6B aerospace unit sale and strong Q1 results

Stanley Black & Decker reported Q1 2026 sales of $3.8 billion, up 3% year-over-year, with stable gross margins and adjusted EPS of $0.80. The company completed the sale of its Consolidated Aerospace Manufacturing unit for $1.8 billion, using $1.6 billion net proceeds to reduce debt and boost capital deployment. This transaction led to an increased 2026 GAAP EPS guidance range of $4.15 to $5.35, reflecting a 79% growth at midpoint, while reaffirming adjusted EPS guidance of $4.90 to $5.70. The company remains focused on strategic investments and shareholder value creation amid economic uncertainties.