Stanley Black & Decker Publishes Baird Global Industrial Conference Transcript

• Stanley Black & Decker CEO Christopher J. Nelson joined analyst Timothy Wojs at Baird’s Global Industrial Conference on Nov. 12, 2026.
• Management targets a 2027 gross margin of 34%-35%, with selling, general and administrative expenses returning to roughly 23% of sales.
• Low-single-digit price increases are needed to offset accelerating inflation, regardless of tariff developments.
• Third-quarter organic growth reached roughly 4%; adjusted gross margin hit 35%, excluding tariff refunds.
• A completed $500 million share buyback preceded a new $1 billion authorization for opportunistic repurchases; potential acquisitions would be bolt-ons, not transformational.

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