Stanley Black & Decker reported Engineered Fastening segment sales increased 10% in the opening quarter of 2026, as strong volume (+6%), pricing (+1%) and currency  (+3%) all contributed to growth.

Organic revenues rose 7%, driven by robust aerospace growth and automotive outperforming the market. These gains were partially offset by a decline in industrial volume.

Aerospace fasteners organic revenue soared 31%, contributing significantly to segment performance. Automotive fasteners organic revenue gained 4%, driven by North American demand and auto OEM strength.

Engineered Fastening segment margin climbed 350 basis points to 11.9%, driven by improved profitability in aerospace, and higher volume and mix in automotive.

Consolidated Q1 sales gained 3% to $3.8 billion as higher price (+3%) and currency (+3%) were partially offset by lower volume (-3%) due to retail softness in North America.

Gross margin grew 20 basis points to 30.1% as operational cost improvements and higher pricing were largely offset by increased tariff expense, volume deleverage, and other inflation.

Net earnings were 1.5% of sales, a decrease of 90 basis points. EBITDA margin slid 180 basis  to 7.1%.

During 2025, Engineered Fastening segment sales slipped 4.3% to $1.97 billion, with segment profit declining 22% to $197 million and gross margin dropping to 10%.

In early April, Stanley Black & Decker completed the sales of its Consolidated Aerospace Manufacturing (CAM) business for $1.8 billion in cash to Howmet Aerospace. Net proceeds of $1.57 billion were used to reduce debt.