SWK Q2 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 12:35 PM CDT 39 min read

Image source: The Motley Fool.

Tuesday, July 29, 2025 astatine 8 a.m. ET

• President and CEO — Donald Allan

• Chief Operating Officer, EVP, and President, Tools & Outdoor — Christopher John Nelson

• EVP and CFO — Patrick D. Hallinan

• Vice President, Investor Relations — Dennis M. Lange

Operator: Welcome to the Second Quarter 2025 Stanley Black & Decker Earnings Conference Call. My sanction is Shannon and I volition beryllium your relation for today's call. [Operator Instructions]. Please enactment that this league is being recorded. I volition present crook the telephone implicit to the Vice President of Investor Relations, Dennis Lange. Mr. Lange, you whitethorn begin.

Dennis M. Lange: Thank you, Shannon. Good morning, everyone and acknowledgment for joining america for Stanley Black & Decker's 2025 Second Quarter Webcast. Here today, successful summation to myself, is Don Allan, President and CEO; and Chris Nelson, COO, EVP and President, Tools & Outdoor; and Pat Hallinan, EVP and CFO. Our net release, which was issued earlier this greeting and a supplemental presumption which we volition notation to, are disposable connected the IR conception of our website. A replay of this morning's webcast volition besides beryllium disposable opening astatine 11 a.m. today. This morning, Don, Chris and Pat volition reappraisal our 2025 2nd 4th results and assorted different matters followed by a Q&A session.

Consistent with anterior webcasts, we are going to beryllium sticking with conscionable 1 question per caller. And arsenic we usually do, we volition beryllium making immoderate forward- looking statements during the telephone based connected our existent views. Such statements are based connected assumptions of aboriginal events that whitethorn not beryllium to beryllium close and arsenic such, they impact hazard and uncertainty. It's truthful imaginable that the existent results whitethorn materially disagree from immoderate forward-looking statements that we mightiness marque today. We nonstop you to the cautionary statements successful the 8-K that we filed with our property merchandise and successful our astir caller '34 Act filing. Additionally, we whitethorn besides notation non-GAAP fiscal measures during the call.

For applicable reconciliations to the related GAAP fiscal measures and further information, delight notation to the appendix of the supplemental presumption and the corresponding property release, which are disposable connected our website nether the IR section. I'll present crook the telephone implicit to our President and CEO, Don Allan.

Donald Allan: Thank you, Dennis and bully morning, everyone. As each of you are aware, this volition beryllium my past net telephone for Stanley Black & Decker, fixed our caller announcement that Chris Nelson volition go the CEO effectual October 1. I privation to statesman by sincerely thanking our shareholders, employees and customers for your continued spot and enactment passim my tenure. Your committedness has been foundational to our advancement and success, particularly implicit the past 3 years. I judge present is the close infinitesimal to initiate this enactment transition, arsenic I'm excited astir however the squad volition physique upon the important company-wide translation advancement we person made since the summertime of 2022.