Tools and outdoor equipment manufacturer Stanley Black & Decker anticipates the incoming Trump administration’s previously communicated tariffs plan to incur an annualized negative impact of $200 million to the company’s annual pre-taxed operating profit.
In a Nov. 12 filing with the U.S. Securities and Exchange Commission, the company noted that higher tariffs could impact its pre-tax operating income, potentially affecting 12.5% of its projected $1.6 billion operating income for 2025, based on estimates from the Wall Street Journal.
To address the potential tariff impact, the company is preparing to discuss price increases with customers, assessing supply chain adjustments in line with current U.S. trade regulations and maintaining direct engagement with policymakers.
The filing also indicates that it may take 12 to 24 months for supply chain adjustments to offset a significant portion of the potential tariff increases.
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