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LISTEN: Stanley Black and Decker Expects $200M Hit from Tariff Hikes

Author
Eric Sorensen
Published
Fri 15 Nov 2024
Episode Link
None

Stanley Black & Decker indicated in a filing with the U.S. Securities and Exchange Commission that proposed increases in tariffs under the forthcoming Trump administration could affect its pre-tax operating income by some $200 million on an annual basis.

That figure would equate to 12.5% of the company’s projected 2025 operating income of $1.6 billion, according to a compilation of estimates cited by the Wall Street Journal.

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