Stanley Black & Decker (SWK) lifts 2026 EPS outlook after $1.8B CAM sale

Stanley Black & Decker reported first-quarter 2026 net sales of $3.85 billion, a 3% increase year-over-year, and completed the sale of Consolidated Aerospace Manufacturing (CAM) for $1.8 billion, with most of the $1.6 billion net proceeds used to reduce debt. The company consequently raised its 2026 GAAP EPS guidance to $4.15–$5.35 while reaffirming adjusted EPS guidance of $4.90–$5.70, projecting significant year-over-year growth. Despite modest sales growth and some margin compression, the CAM divestiture is expected to strengthen the balance sheet and provide capital allocation flexibility for future share repurchases.

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