Stanley Black & Decker relies on its supply chain to achieve its financial objectives.
by Web Administrator
Nov 13, 2025 10:40
Stanley Black & Decker is progressing towards its target of a 35% adjusted gross margin, achieving 31.6% in the latest quarter, attributed to higher prices and supply chain efficiencies. The company plans to reduce its reliance on Chinese suppliers from 15% to less than 10% by mid-2026 and below 5% by year-end. In response to tariff pressures, it has implemented price hikes and is shifting production to Mexico. Despite challenges such as increased production costs and a 3% drop in outdoor product revenue, the company remains focused on reducing costs and enhancing supply chain resilience.