By Connor Hart
Stanley Black & Decker said it doesn't expect new tariff rules to materially change its outlook for the year.
The disclosure comes after the Trump administration earlier this month reshaped its tariffs on steel, aluminum and copper products, a move The Wall Street Journal previously reported could effectively raise costs for many imports.
The tool maker said Monday that the changes aren't expected to affect its full-year outlook, which calls for adjusted earnings of $4.90 to $5.70 a share. Analysts polled by FactSet are expecting adjusted earnings of $5.30 a share this year.
Stanley Black & Decker raised prices last year to help offset tariff costs. Chief Executive Christopher Nelson said in November that the company was seeing "prevailing macroeconomic uncertainty."
The company said it will provide more details on tariffs and its full-year outlook during its upcoming first-quarter earnings call, scheduled for April 29.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
April 20, 2026 07:30 ET (11:30 GMT)
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