Snap-on Earnings Reports

Snap-on delivered lower revenue and net income in Q1 2025 due to decreased demand in key segments and unfavorable foreign currency impacts. However, operating margins remained strong in some business units.

Snap-on's Q4 2024 saw a slight increase in net sales and improved operating margin before financial services. Diluted EPS increased to $4.82 from $4.75 in the previous year. The company highlighted the resilience of its markets and the capabilities of its team.

Snap-on reported a slight decrease in net sales, but demonstrated resilience with profitability gains. Diluted EPS increased to $4.70, and the operating margin before financial services improved to 22.0%.

Snap-on Incorporated reported a decrease in net sales to $1,179.4 million, a 1.0% decline from Q2 2023. Diluted EPS was $5.07, including a $0.16 benefit from legal payments, compared to $4.89 in the prior year. The company highlighted challenges but also positive contributions from its focus on critical industries, repair shop owners, and support for franchisees.

Snap-on Incorporated reported net sales of $1,182.3 million, a slight decrease of 0.1% from the previous year. Diluted EPS was $4.91, which included a $0.16 benefit from a legal payment, compared to $4.60 in Q1 2023. The operating margin before financial services was 22.9%, compared to 22.0% in the prior year.

Snap-on reported a 3.5% increase in net sales for Q4 2023, reaching $1,196.6 million, with diluted EPS of $4.75, a 7.5% increase from Q4 2022. The company's Commercial & Industrial Group saw growth, while the Snap-on Tools Group experienced a slight sales decline. The acquisition of Mountz, Inc. expanded the product offering for critical industries.

Snap-on Incorporated reported a positive third quarter in 2023, with sales reaching $1,159.3 million, a 5.2% increase from Q3 2022. Diluted EPS rose to $4.51, an 8.9% gain from the previous year. The company's performance reflects advancement in sales, profitability, and earnings amid a changing environment.

Snap-on Incorporated reported a 4.8% increase in net sales, reaching $1,191.3 million, with organic sales up by 5.6%. Diluted EPS improved by 14.5% to $4.89, and the operating margin before financial services expanded by 160 basis points to 23.3%.