SWK•Stanley Black & Decker said it targets 2027 gross margin of 34%-35% and SG&A expenses of roughly 23% of sales. It also announced a new $1 billion share repurchase authorization after completing a $500 million buyback.
CEO Christopher J. Nelson joined analyst Timothy Wojs at Baird’s Global Industrial Conference on Nov. 12, 2026. Management said low-single-digit price increases are needed to offset accelerating inflation regardless of tariff developments; third-quarter organic growth was roughly 4%, and adjusted gross margin was 35%, excluding tariff refunds. The company completed a $500 million share buyback and authorized another $1 billion for opportunistic repurchases; potential acquisitions would be bolt-ons, not transformational.
