Stanley Black & Decker · Earnings release · 8-K Exhibit 99

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited, Millions of Dollars Except Per Share Amounts)

SECOND QUARTER

YEAR-TO-DATE

NET SALES

$

$

$

$

COSTS AND EXPENSES

Cost of sales

Gross profit

% of Net Sales

%

%

%

%

Selling, general and administrative

% of Net Sales

%

%

%

%

Other - net

(Gain) loss on sales of businesses

—

Asset impairment charges

—

—

Restructuring charges

Income from operations

Interest - net

EARNINGS BEFORE INCOME TAXES

Income taxes

NET EARNINGS

$

$

$

$

EARNINGS PER SHARE OF COMMON STOCK

Basic

$

$

$

$

Diluted

$

$

$

$

DIVIDENDS PER SHARE OF COMMON STOCK

$

$

$

$

WEIGHTED-AVERAGE SHARES OUTSTANDING (in thousands)

Basic

Diluted

8

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited, Millions of Dollars)

ASSETS

Cash and cash equivalents

$

$

Accounts and notes receivable, net

Inventories, net

Current assets held for sale

—

Other current assets

Total current assets

Property, plant and equipment, net

Goodwill and other intangibles, net

Long-term assets held for sale

—

Other assets

Total assets

$

$

LIABILITIES AND SHAREOWNERS’ EQUITY

Short-term borrowings

$

—

$

Current maturities of long-term debt

Accounts payable

Accrued expenses

Current liabilities held for sale

—

Total current liabilities

Long-term debt

Long-term liabilities held for sale

—

Other long-term liabilities

Shareowners’ equity

Total liabilities and shareowners' equity

$

$

9

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

SUMMARY OF CASH FLOW ACTIVITY

(Unaudited, Millions of Dollars)

SECOND QUARTER

YEAR-TO-DATE

OPERATING ACTIVITIES

Net earnings

$

$

$

$

Depreciation

Amortization

(Gain) loss on sales of businesses

—

Asset impairment charges

—

—

Changes in working capital1

Other

Net cash provided by (used in) operating activities

INVESTING AND FINANCING ACTIVITIES

Capital and software expenditures

Proceeds from sales of businesses, net of cash sold

—

T1Payments on long-term debt

—

Net short-term commercial paper (repayments) borrowings

T2Purchases of common stock for treasury

Cash settlement on forward stock purchase contract

—

—

Cash dividends on common stock

Other

Net cash (used in) provided by investing and financing activities

Effect of exchange rate changes on cash

Increase (decrease) in cash, cash equivalents and restricted cash

Cash, cash equivalents and restricted cash, beginning of period

Cash, cash equivalents and restricted cash, end of period

$

$

$

$

Free Cash Flow Computation2

Net cash provided by (used in) operating activities

$

$

$

$

Less: capital and software expenditures

Free cash flow (before dividends)

$

$

$

$

Reconciliation of Cash, Cash Equivalents and Restricted Cash

July 4,

January 3,

Cash and cash equivalents

$

$

Restricted cash included in Other current assets

Cash, cash equivalents and restricted cash

$

$

1

Working capital is comprised of accounts receivable, inventory, accounts payable and deferred revenue.

2

Free cash flow is defined as cash flow from operations less capital and software expenditures. Management considers free cash flow an important measure of its liquidity, as well as its ability to fund future growth and to provide a return to the shareowners, and is useful information for investors. Free cash flow does not include deductions for mandatory debt service, other borrowing activity, discretionary dividends on the Company’s common stock and business acquisitions, among other items.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

BUSINESS SEGMENT INFORMATION

(Unaudited, Millions of Dollars)

SECOND QUARTER

YEAR-TO-DATE

NET SALES

Tools & Outdoor

$

$

$

$

Engineered Fastening1

Total

$

$

$

$

SEGMENT PROFIT 2

Tools & Outdoor

$

$

$

$

Engineered Fastening1

$

$

$

$

CORPORATE OVERHEAD 2

$

$

$

$

Segment Profit as a Percentage of Net Sales

Tools & Outdoor

%

%

%

%

Engineered Fastening1

%

%

%

%

1

T3On April 6, 2026, the Company completed the previously announced sale of its Consolidated Aerospace Manufacturing (“CAM”) business. Based on management’s commitment to sell this business, the assets and liabilities related to CAM were classified as held for sale on the Company’s Condensed Consolidated Balance Sheets as of January 3, 2026. For the three months ended July 4, 2026, the net sales and segment profit for Engineered Fastening did not include results of the CAM business. For the six months ended July 4, 2026, net sales and segment profit for Engineered Fastening included $117.0 million and $22.0 million, respectively, related to the CAM business.

2

Segment profit is defined as net sales minus cost of sales and SG&A (aside from corporate overhead expenses). The corporate overhead element of SG&A, which is not allocated to the business segments for purposes of determining segment profit, consists of the costs associated with the executive management team and expenses related to centralized functions that benefit the entire Company but are not directly attributable to the business segments, such as legal and corporate finance functions, as well as expenses for the world headquarters facility.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP EARNINGS FINANCIAL MEASURES TO CORRESPONDING

NON-GAAP FINANCIAL MEASURES

(Unaudited, Millions of Dollars Except Per Share Amounts)

GAAP

Non-GAAP Adjustments

Non-GAAP1

Gross profit

$

$

$

% of Net Sales

%

%

Selling, general and administrative

% of Net Sales

%

%

Earnings before income taxes

Income taxes2

Net earnings

Diluted earnings per share of common stock

$

$

$

GAAP

Non-GAAP Adjustments

Non-GAAP1

Gross profit

$

$

$

% of Net Sales

%

%

Selling, general and administrative

% of Net Sales

%

%

Earnings before income taxes

Income taxes2

Net earnings

Diluted earnings per share of common stock

$

$

$

1

The Non-GAAP 2026 and 2025 information, as reconciled to GAAP above, is considered relevant to aid analysis and understanding of the Company’s results and business trends aside from the material impact of certain gains and charges and ensures appropriate comparability to operating results of prior periods. See further detail on Non-GAAP adjustments on page 16.

2

Income taxes attributable to Non-GAAP adjustments are determined by calculating income taxes on pre-tax earnings, both inclusive and exclusive of Non-GAAP adjustments, taking into consideration the nature of the Non-GAAP adjustments and the applicable statutory income tax rates.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP EARNINGS FINANCIAL MEASURES TO CORRESPONDING

NON-GAAP FINANCIAL MEASURES

(Unaudited, Millions of Dollars Except Per Share Amounts)

GAAP

Non-GAAP Adjustments

Non-GAAP1

Gross profit

$

$

$

% of Net Sales

%

%

Selling, general and administrative

% of Net Sales

%

%

Earnings before income taxes

Income taxes2

Net earnings

Diluted earnings per share of common stock

$

$

$

GAAP

Non-GAAP Adjustments

Non-GAAP1

Gross profit

$

$

$

% of Net Sales

%

%

Selling, general and administrative

% of Net Sales

%

%

Earnings before income taxes

Income taxes2

Net earnings

Diluted earnings per share of common stock

$

$

$

1

The Non-GAAP 2026 and 2025 information, as reconciled to GAAP above, is considered relevant to aid analysis and understanding of the Company’s results and business trends aside from the material impact of certain gains and charges and ensures appropriate comparability to operating results of prior periods. See further detail on Non-GAAP adjustments on page 16.

2

Income taxes attributable to Non-GAAP adjustments are determined by calculating income taxes on pre-tax earnings, both inclusive and exclusive of Non-GAAP adjustments, taking into consideration the nature of the Non-GAAP adjustments and the applicable statutory income tax rates.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP SEGMENT PROFIT FINANCIAL MEASURES TO CORRESPONDING

NON-GAAP FINANCIAL MEASURES

(Unaudited, Millions of Dollars)

GAAP

Non-GAAP Adjustments1

Non-GAAP2

SEGMENT PROFIT

Tools & Outdoor

$

$

$

Engineered Fastening

$

$

$

CORPORATE OVERHEAD

$

$

$

Segment Profit as a Percentage of Net Sales

Tools & Outdoor

%

%

Engineered Fastening

%

%

GAAP

Non-GAAP Adjustments1

Non-GAAP2

SEGMENT PROFIT

Tools & Outdoor

$

$

$

Engineered Fastening

$

$

$

CORPORATE OVERHEAD

$

$

$

Segment Profit as a Percentage of Net Sales

Tools & Outdoor

%

%

Engineered Fastening

%

%

1

The 2026 Non-GAAP adjustments for the Tools & Outdoor segment relate primarily to footprint actions. The 2025 Non-GAAP adjustments for the business segments relate primarily to separation benefit costs associated with a voluntary retirement program as well as footprint actions and other costs associated with the supply chain transformation. The 2025 Non-GAAP adjustments for Corporate overhead primarily consist of voluntary retirement program costs and transition services costs related to previously divested businesses. See further discussion on page 16.

2

The Non-GAAP 2026 and 2025 business segment and corporate overhead information, as reconciled to GAAP above, is considered relevant to aid analysis and understanding of the Company’s results and business trends aside from the material impact of certain gains and charges and ensures appropriate comparability to operating results of prior periods.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP SEGMENT PROFIT FINANCIAL MEASURES TO CORRESPONDING

NON-GAAP FINANCIAL MEASURES

(Unaudited, Millions of Dollars)

GAAP

Non-GAAP Adjustments1

Non-GAAP2

SEGMENT PROFIT

Tools & Outdoor

$

$

$

Engineered Fastening

$

$

$

CORPORATE OVERHEAD

$

$

$

Segment Profit as a Percentage of Net Sales

Tools & Outdoor

%

%

Engineered Fastening

%

%

GAAP

Non-GAAP Adjustments1

Non-GAAP2

SEGMENT PROFIT

Tools & Outdoor

$

$

$

Engineered Fastening

$

$

$

CORPORATE OVERHEAD

$

$

$

Segment Profit as a Percentage of Net Sales

Tools & Outdoor

%

%

Engineered Fastening

%

%

1

The 2026 Non-GAAP adjustments for the Tools & Outdoor segment relate primarily to footprint actions. The 2025 Non-GAAP adjustments for the business segments relate primarily to separation benefit costs associated with a voluntary retirement program as well as footprint actions and other costs associated with the supply chain transformation. The 2025 Non-GAAP adjustments for Corporate overhead primarily consist of voluntary retirement program costs and transition services costs related to previously divested businesses. See further discussion on page 16.

2

The Non-GAAP 2026 and 2025 business segment and corporate overhead information, as reconciled to GAAP above, is considered relevant to aid analysis and understanding of the Company’s results and business trends aside from the material impact of certain gains and charges and ensures appropriate comparability to operating results of prior periods.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP EARNINGS TO EBITDA

(Unaudited, Millions of Dollars)

SECOND QUARTER

YEAR-TO-DATE

Net earnings

$

$

$

$

% of Net Sales

%

%

%

%

Interest - net

Income taxes

Depreciation

Amortization

EBITDA1

$

$

$

$

% of Net Sales

%

%

%

%

Non-GAAP adjustments before income taxes

Less: Accelerated depreciation included in Non-GAAP adjustments before income taxes

Adjusted EBITDA1

$

$

$

$

% of Net Sales

%

%

%

%

SUMMARY OF NON-GAAP ADJUSTMENTS BEFORE INCOME TAXES

(Unaudited, Millions of Dollars)

SECOND QUARTER

YEAR-TO-DATE

Supply Chain Transformation Costs:

Footprint Rationalization2

$

$

$

$

Material Productivity & Operational Excellence

—

—

Voluntary retirement program3

Other charges

Gross profit

$

$

$

$

Supply Chain Transformation Costs:

Footprint Rationalization2

$

$

$

$

Complexity Reduction & Operational Excellence4

—

—

Transition services costs related to previously divested businesses

Voluntary retirement program3

Other charges

Selling, general and administrative

$

$

$

$

Income related to providing transition services to previously divested businesses

$

$

$

$

Voluntary retirement program3

—

—

Deal-related costs and other5

Other, net

$

$

$

$

(Gain) loss on sales of businesses

$

$

—

$

$

Asset impairment charges6

—

—

Restructuring charges

Non-GAAP adjustments before income taxes

$

$

$

$

1

EBITDA is earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA represents EBITDA excluding certain gains and charges, as summarized above. EBITDA and Adjusted EBITDA, both Non-GAAP measures, are considered relevant to aid analysis and understanding of the Company’s operating results and ensures appropriate comparability to prior periods.

2

Footprint Rationalization costs in 2026 primarily relate to accelerated depreciation of manufacturing equipment driven by plants closed in the second quarter of 2026, as well as site transformation and re-configuration costs. Footprint Rationalization costs in 2025 primarily relate to site transformation and re-configuration costs. Facility exit costs related to site closures are reported in Restructuring charges.

3

In June 2025, the Company implemented a voluntary retirement program (“VRP”) to right-size the Company’s corporate and support functions to align with a more focused portfolio following recent divestitures and more streamlined operations as part of the supply chain transformation. The costs associated with the VRP relate to separation benefits provided to eligible employees who voluntarily retired from the Company.

4

Complexity Reduction & Operational Excellence costs in 2025 primarily related to third-party consulting fees to provide expertise in identifying business model changes and quantifying related cost savings opportunities within the Company’s Engineered Fastening business, developing a detailed program and related governance, and assisting the Company with the implementation of actions necessary to achieve the identified objectives.

5

Includes an $8.1 million gain on sale of a distribution center in the second quarter of 2025 as part of the supply chain transformation.

6

Asset impairment charges in 2026 relate to the write-down of assets associated with the exit of a Tools and Outdoor product line and related plant closure.

STANLEY BLACK & DECKER, INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP REVENUE GROWTH TO NON-GAAP ORGANIC GROWTH

(Unaudited)

GAAP

Revenue

Growth

Less:

Acquisitions

Plus:

Divestitures

Less:

Product Line Transfer

Less:

Strategic

Outdoor

Product Line Transition

Less:

Currency

Non-GAAP

Organic

Growth1

Stanley Black & Decker

-

%

-

%

3

%

-

%

-1

%

1

%

3

%

Tools & Outdoor

3

%

-

%

-

%

-

%

-1

%

1

%

3

%

North America

3

%

-

%

-

%

-

%

-1

%

-

%

4

%

Europe

-

%

-

%

-

%

-

%

-

%

2

%

-2

%

Rest of World

8

%

-

%

-

%

-

%

-

%

5

%

3

%

Engineered Fastening

%

-

%

%

-

%

-

%

-

%

3

%

1

Non-GAAP Organic Growth, as reconciled to GAAP Revenue Growth above, is utilized to describe the change in the Company’s net sales excluding the impacts of foreign currency fluctuations, acquisitions during their initial 12 months of ownership, divestitures, transfers of product lines between segments, and the strategic transition to a licensing model for gas walk-behind outdoor product lines (as previously communicated). Organic growth is also referred to as organic sales growth and organic revenue growth.