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Stock impact report

Stanley Black & Decker CEO on potential Trump tariffs: Tool prices will go up [Yahoo! Finance Canada]

Stanley Black & Decker, Inc. (SWK) 
Last stanley black & decker, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stanleyblackanddecker.com
"I've also spent time with our team talking about, OK, when something is announced, we want to be doing pricing actions with our customers of some magnitude. And so we've actually started to have some of those conversations with our channel customers in the last week or two," Allan told Yahoo Finance (video above). "We won't do anything until we see something that says here's what the new world of tariffs is going to be." Allan said he's been spending time with politicians and people close to the incoming Trump administration to help them understand the impact of potential tariffs. Despite the tariff threat, Allan and his team presented upbeat long-term guidance at an investor day in New York City on Wednesday. The company outlined a fiscal year 2027 sales target of $16.5 billion to $17 billion. Analysts are looking for full-year sales of $15.26 billion for 2024. Operating profits for 2027 are projected to be about $2.5 billion. Wall Street is modeling for $1.6 billion in o Show less Read more
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