Stanley Black & Decker reported flat year-on-year revenues of $3.96 billion for Q2, meeting analyst expectations. The professional tools and equipment manufacturer delivered what CEO Chris Nelson called a "very strong quarter", with beats on EPS and EBITDA estimates. The company's performance came as the professional tools and equipment sector reported strong Q2 results overall. The eight stocks tracked in the sector beat revenue consensus estimates by 1.8%, whilst next quarter's revenue guidance exceeded expectations by 14.3%. Despite posting the weakest performance against analyst estimates within its peer group, Stanley Black & Decker's shares have risen 6.8% since the earnings announcement. The company currently trades at $100.55. Nelson highlighted the firm's progress towards full-year targets, noting improvements in sales, gross margin, and cash performance, alongside tariff refunds supporting growth investments.

People moves: SBD, GE HealthCare, Husqvarna & Roche. August 17, 2026 Procurement Magazine look at the biggest career moves from across the industry Procurement leadership continues to evolve as organisations sharpen their focus on supply chain resilience, global sourcing and enterprise transformation. In this month's second issue, Procurement Mag spotlight the executive moves shaping the future of procurement, featuring key moves at Stanley Black & Decker, GE HealthCare, Husqvarna Group and Roche Diagnostics UK & Ireland. Job from: SVP & Chief Procurement Officer at BD Job to: Chief Procurement Officer at Stanley Black & Decker Sajid Kunnummal has been appointed as the Chief Procurement Officer at Stanley Black & Decker. He brings more than two decades of global procurement leadership across healthcare and heavy industry, having previously served as Vice President and Chief Procurement Officer at Navistar and Group Vice President, Supply Chain, Mobility at Eaton, after progressing through senior global procurement and category management roles at Johnson Controls. Job from: Group Vice President, Chief Procurement Officer at Avery Dennison Job to: Senior Vice President, Chief Procurement Officer at GE HealthCare GE HealthCare, a global leader in technology and innovative digital solutions, has announced the appointment of Akshar Awalgaonkar as Chief Procurement Officer. He joins the team of more than 50,000 global employees and more than 100 years of history serving the community. With this, he brings his extensive career across manufacturing and procurement. Job from: Senior Vice President, Global Operations, Lifestyle Consumer Audio at HARMAN International Job to: Chief Procurement Officer at Husqvarna Group Lily Guo has been appointed Chief Procurement Officer, a newly created position within Group Management, reflecting the strategic importance of procurement to Husqvarna Group. She brings more than 30 years of experience in sourcing and purchasing roles across international companies. Lily Guo will be based in Hong Kong, China and will take up the role on 1 August 2026. Job from: Group Head of Procurement at Pennon Group Plc Job to: Head of Procurement at Roche Diagnostics UK & Ireland Priyeni Mann has announced she is now the Head of Procurement at Roche Diagnostics UK & Ireland. Writing on Linkedin, she said: "I'm looking forward to meeting colleagues across the business, learning from the talented teams and helping create value through procurement, partnerships and collaboration." Did you know? Executives. * Akshar Awalgaonkar Chief Procurement Officer * Lily Guo Chief Procurement Officer * Priyeni Mann Head of Procurement * Sajid Kunnummal Chief Procurement Officer Company Portals