secwatch.observer — SEC 8-K summary
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Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2026-09-04T19:02:50+00:00
Accession:  0001193125-26-383511
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stanley Black & Decker to sell Excel Industries (Hustler) to Bad Boy Mowers
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- Agreement to sell Excel Industries (Hustler mowers) to Bad Boy Mowers; no deal value disclosed.
- Excel expected to generate FY2026 revenue of ~$300M; transaction subject to regulatory approval.
- Company expects deal not dilutive to adjusted EPS; Excel stays in continuing operations until close.
- CEO Chris Nelson: sale refines portfolio, focuses on Outdoor brands incl. Cub Cadet, Dewalt, Craftsman.
- BofA Securities and Cravath advise SWK; closing conditions customary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000119312526383511/0001193125-26-383511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000119312526383511/d493257d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-383511

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer