Revenue: As of FY2025 Q2, the actual value is USD 3.9 B.EPS: As of FY2025 Q2, the actual value is USD 0.67.<h3>Financial Metrics by Segment</h3><h4>Segment Revenue</h4><ul><li>Tools &amp; Storage: $2.5 billion, a decrease of 5% YoY.</li><li>Industrial: $1.1 billion, an increase of 3% YoY.</li><li>Security: $0.6 billion, flat YoY.</li><li>Tools &amp; Outdoor: $3,461 million, down 2% from the previous year, with a segment margin of 6.9% and an adjusted segment margin of 8.0%.</li><li>Engineered Fastening: $484 million, down 2% from the previous year, with a segment margin of 7.2% and an adjusted segment margin of 10.8%.</li><li>Tools &amp; Outdoor: $3,461.4 million for Q2 2025, compared to $3,528.7 million for Q2 2024. Year-to-date revenue was $6,742.3 million in 2025, compared to $6,813.3 million in 2024.</li><li>Engineered Fastening: $483.8 million for Q2 2025, compared to $495.7 million for Q2 2024. Year-to-date revenue was $947.5 million in 2025, compared to $1,080.6 million in 2024.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: $150 million, a decrease of 10% YoY.</li><li>Gross Margin: 35%, a decrease of 2 percentage points YoY.</li><li>Operating Profit: $200 million, a decrease of 8% YoY.</li><li>Operating Margin: 10%, a decrease of 1 percentage point YoY.</li><li>Operating Costs: $1.8 billion, an increase of 2% YoY.</li><li>Net Sales: $3.9 billion, a decrease of 2% compared to the prior year.</li><li>Gross Margin: 27.0%, down 140 basis points from the previous year. Adjusted gross margin was 27.5%, down 170 basis points.</li><li>SG&amp;A Expenses: 22.1% of sales, up from 20.6% in the prior year. Adjusted SG&amp;A expenses were 20.8% of sales, up from 19.9%.</li><li>Net Earnings: 2.6% of sales, compared to a net loss from continuing operations of -0.5% of sales in the prior year.</li><li>EBITDA: 6.0% of sales, up from 5.3% in the prior year. Adjusted EBITDA was 8.1% of sales, down from 10.7%.</li><li>Net Earnings from Continuing Operations: $101.9 million for Q2 2025, compared to a loss of $19.2 million for Q2 2024. Year-to-date net earnings were $192.3 million in 2025, compared to $0.3 million in 2024.</li><li>Gross Profit: $1,066.5 million for Q2 2025, compared to $1,141.2 million for Q2 2024. Year-to-date gross profit was $2,187.3 million in 2025, compared to $2,249.7 million in 2024.</li><li>Operating Profit: $106.9 million for Q2 2025, compared to $56.3 million for Q2 2024. Year-to-date operating profit was $311.7 million in 2025, compared to $192.5 million in 2024.</li><li>Operating Margin: 2.6% for Q2 2025, compared to -0.5% for Q2 2024. Year-to-date operating margin was 2.5% in 2025, compared to 0% in 2024.</li></ul><h4>Cash Flow</h4><ul><li>Operating Cash Flow: $300 million, an increase of 5% YoY.</li><li>Free Cash Flow: - $50 million, a decrease of 20% YoY.</li><li>Cash From Operating Activities: $214 million.</li><li>Free Cash Flow: $135 million.</li><li>Net Cash Provided by Operating Activities: $214.3 million for Q2 2025, compared to $573.0 million for Q2 2024. Year-to-date net cash used in operating activities was -$205.7 million in 2025, compared to $142.0 million in 2024.</li><li>Free Cash Flow: $134.7 million for Q2 2025, compared to $485.8 million for Q2 2024. Year-to-date free cash flow was -$350.3 million in 2025, compared to -$10.9 million in 2024.</li></ul><h4>Unique Metrics</h4><ul><li>Revenue from New Markets: $100 million, an increase of 15% YoY.</li><li>Global Cost Reduction Program: Generated approximately $150 million of incremental pre-tax run-rate cost savings in the second quarter of 2025, with a total of approximately $1.8 billion since mid-2022.</li><li>EBITDA: $237.0 million for Q2 2025, compared to $211.3 million for Q2 2024. Year-to-date EBITDA was $570.2 million in 2025, compared to $487.7 million in 2024.</li></ul><h4>Outlook / Guidance</h4><ul><li>The company expects revenue growth of 3-5% for the full year 2025.</li><li>Operating margin is projected to be around 11% for the full year.</li><li>Free cash flow is expected to improve in the second half of the year.</li><li>The company expects incremental tariff countermeasures in the second half of 2025 to support gross margin accretion.</li><li>The 2025 EPS for management’s base planning scenario is $3.45 (+/- $0.10) on a GAAP basis and approximately $4.65 on an adjusted basis, with a target for annual free cash flow to approximate $600 million.</li><li>The gross annualized tariff impact is estimated to be approximately $800 million, with a negative 2025 EPS impact expected to be approximately $0.65 after mitigation actions.</li><li>Stanley Black &amp; Decker anticipates continued focus on supply chain transformation and operational excellence to drive future growth. The company is implementing a voluntary retirement program to align with a more focused portfolio following recent divestitures. Additionally, efforts are underway to streamline operations as part of the supply chain transformation.</li></ul>

SWP Growth & Income ETF | 8-K: FY2025 Q2 Revenue: USD 3.9 B