Stanley Black and Decker Expects $200M Hit from Tariff Hikes [Yahoo! Finance]
Stanley Black & Decker, Inc. (SWK)
Last stanley black & decker, inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
Stanley Black & Decker indicated in a filing with the U.S. Securities and Exchange Commission that proposed increases in tariffs under the forthcoming Trump administration could affect its pre-tax operating income by some $200 million on an annual basis. That figure would equate to 12.5% of the company's projected 2025 operating income of $1.6 billion, according to a compilation of estimates cited by the Wall Street Journal. Most Read on IEN: Butcher Harvests Invasive Raccoons to Make Meatballs Calif. Highway Patrol Tests Lucid EV Rare Cars Found in Secret ‘Junkyard' Sold for Millions Butter Recalled Because They Forgot to Mention It Contains Milk The company's estimate did not account for any moves that it could make to lessen the impact of new or higher tariffs, including price hikes or adjustments to its supply chain. The company wrote in the filing that it is “preparing to discuss potential price increases with its customers,” the Journal noted. Stanley Black and
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News
- Stanley Black & Decker Announces Upcoming ConferencesPR Newswire
- Construction and Automotive Surge Propel BENELUX Power Tool Market to Projected USD 1,944.8 Million by 2034 with 5.2% CAGR | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Our brands portfolio is the best in the industry, says Stanley Black & Decker CEO Donald Allan Jr. [CNBC]CNBC
- Stanley Black & Decker CEO on potential Trump tariffs: Tool prices will go up [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nvidia Q3 results, Stanley Black & Decker CEO: Asking for a Trend [Yahoo! Finance Canada]Yahoo! Finance Canada
SWK
Earnings
- 10/29/24 - Beat
SWK
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- SWK's page on the SEC website