Snap-on, Inc.

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  • Apr. 18, 2013, 2:02 PM

    Snap-on (SNA -1.7%) dips after a mixed Q1 report earlier today, beating on its EPS but coming up short on revenue. Net earnings actually rose 17% Y/Y, as the toolmaker reported improving margins, but revenue in it's commercial and industrial segment continue to feel pressure. The segement saw a 7% decrease in sales due primarily to lower sales to the military, and economic weakness in Europe that weighed on the segment's European-based hand tools business.

    | Apr. 18, 2013, 2:02 PM
  • Oct. 18, 2012, 3:31 PM
    Snap-On (SNA +3.7%) gains after its Q3 report beat estimates on all counts this morning. Net earnings rose 9.3% as the company reported stronger sales, led by 10% Y/Y growth in its tools group and higher-margin segments such as power generation and aerospace. Gross margin rose to 47.8% from 47.2%.
    | Oct. 18, 2012, 3:31 PM
Company Description
Snap-on Inc is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users. Its products and services include hand and power tools, tool storage, diagnostic software and among others.