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

  • Nov 15 2024
  • Length: 2 mins
  • Podcast

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

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  • Summary

  • 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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