Stanley Black & Decker reported Engineered Fastening sales fell 21% to $464 million in the opening quarter of 2025. Price (+1%) was more than offset by volume (-2%), currency (-2%), the Infrastructure business divestiture (-16%), and a product line transfer to Tools & Outdoor (-2%). Organic revenues declined 1% as aerospace and general industrial growth was more than offset by automotive market softness.

Engineered Fastening segment profit totaled $46.7 million, while margin dropped to 8.4% versus the prior year rate of 11.1%, primarily due to lower volume in higher margin automotive.

Consolidated Stanley Black & Decker revenue declined 3% to $3.7 billion, while gross margin increased 130 basis points to 29.9%.

CEO Donald Allan Jr. said the company is raising prices and adjusting its supply chain to leverage Mexico and reduce China tariff costs over the next 12-24 months.

"In light of the current environment, we are accelerating adjustments to our supply chain and exploring all options as we seek to minimize the impact of tariffs on end users while balancing the need to protect our business.”