Track market-moving stories before they get noisy

Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of RisksSnap-On NYSE: SNA reported third-quarter 2026 sales of $1.18 billion, up 0.6% as reported from a year earlier, while organic sales declined 2.8% as higher activity in industrial markets was offset by weaker sales to its mobile van network and lower OEM-related program activity.

Net earnings were $243.0 million, or $4.64 per diluted share, compared with $265.4 million, or $5.02 per share, in the prior-year quarter. The 2025 results included a $22 million pretax legal settlement benefit, equal to $0.31 per diluted share after tax. Excluding that item, prior-year adjusted EPS was $4.71.

Get Snap-On alerts:

The FTC Is Suing Hims & Hers Health—Here's Why Investors Shouldn't PanicChairman and Chief Executive Officer Nick Pinchuk said the quarter reflected three primary themes: sharply higher diesel prices affecting franchisee inventory decisions, continued momentum in critical industries, and the company’s ability to maintain strong gross margins amid uneven market conditions.

“Vehicle repair is a varying picture,” Pinchuk said, describing technician activity as fundamentally stable despite softer confidence around large, financed purchases. He said technicians remained busy and wage growth continued, but loan originations declined as customers focused on quicker-payback items such as power tools and hand tools.

Margins remain resilient despite lower organic sales SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?Consolidated gross margin rose 10 basis points to 51.0%, which Chief Financial Officer Aldo Pagliari attributed primarily to savings from the company’s Rapid Continuous Improvement initiatives, partly offset by higher material costs. Operating income before financial services was $248.1 million, down from $278.5 million a year earlier, when results included the legal-settlement gain.

Operating margin before financial services was 21.0%, compared with 23.4% as reported a year ago. The prior-year legal settlement accounted for 190 basis points of that comparison, according to the company.

Financial services revenue declined to $98.6 million from $101.0 million, primarily because of lower interest income on a smaller average finance receivables portfolio. Financial services operating income was $68.3 million, compared with $68.9 million in the prior-year period. Total loan originations declined 1.3% to $270.6 million.

At quarter-end, Snap-On reported approximately $2.5 billion in gross financing receivables. The U.S. 60-day-plus delinquency rate for extended credit receivables was 2.1%, up 10 basis points from the prior-year quarter. Trailing 12-month net losses for the extended credit portfolio were 3.63% of outstandings, improving sequentially from 3.7% in the second quarter.

Industrial segment posts record sales and margin The Commercial & Industrial, or C&I, group was the company’s strongest segment during the quarter. Sales increased to $404.3 million from $367.7 million, including a 7.4% organic gain and $10 million of acquisition-related revenue. The segment benefited from mid-single-digit growth in critical industries, including U.S. military activity and general industrial markets, as well as another quarter of double-digit growth in specialty torque products.

C&I operating income rose 29.9% to $74.7 million, while operating margin expanded 290 basis points to a record 18.5%. Pagliari said the margin improvement reflected higher sales volume, improvement initiatives and a 130-basis-point benefit tied to the sale of a building, partly offset by acquisition-related effects.

Pinchuk said the company continued to introduce application-specific products, including new cordless ratchets and impact tools designed for tight engine compartments and heavy-duty work. He characterized demand for customized industrial solutions as particularly strong across military, general industry and natural-resources markets.

Tools Group affected by franchisee inventory reductions Snap-On Tools Group sales fell to $471.5 million from $506.0 million, representing a 7.0% organic decline. The company said rapidly rising diesel prices led franchisees to reduce van inventory to preserve cash, even as sales from franchise trucks to technicians remained slightly positive year over year.

Pinchuk said franchisees had reacted to diesel costs that rose about 40% during the third quarter, calling the increase unusually rapid. He said franchisees generally prefer to carry inventory because immediate availability can help them close sales, but they reduced inventories to build a financial cushion against fuel expenses.

Tools Group operating income declined to $84.8 million from $109.9 million, and operating margin fell to 18.0% from 21.7%. The company cited lower sales volume, product mix and continued investments in brand building, training and product development. Pinchuk said Snap-On did not plan to pull back from those investments, arguing that product, brand and field training remain important to its strategy.

During the analyst question-and-answer session, Pinchuk said power tools performed well, while tool-storage carts positioned at more accessible price points also saw demand. He said franchisee inventory reductions were broad-based rather than concentrated in a particular product category.

RS&I results pressured by lower OEM program activity Repair Systems & Information, or RS&I, sales declined to $454.7 million from $464.8 million. Organic sales fell 5.5%, while acquisitions contributed $15.6 million in revenue. The company said the decline primarily reflected reduced OEM dealership activity, particularly fewer programs tied to North American new-vehicle launches.

RS&I operating income was $116.1 million, down from $141.2 million in the prior year, which included the $22 million legal-settlement benefit. Operating margin was 25.5%, compared with 30.4% as reported a year ago. Excluding the prior-year legal item, the adjusted margin declined 10 basis points.

Gross margin in RS&I increased 110 basis points to 48.1%, aided by business mix. Pinchuk said the company saw progress in database and shop-management offerings, including electronic parts catalogs that use its proprietary repair records and large language models to help dealership parts departments identify components across different terminology and part-number systems.

Looking ahead, Pagliari said Snap-On expects 2026 capital expenditures of approximately $100 million and a full-year effective tax rate of about 22%. Pinchuk said diesel prices appeared to have flattened, while the company’s core vehicle-repair and critical-industry markets remained fundamentally strong.

About Snap-On (NYSE:SNA)Snap-on Incorporated is a manufacturer and distributor of professional tools, equipment, diagnostics, and related services. Its offerings include hand and power tools, tool storage, vehicle repair equipment, diagnostic systems, and repair information and management software. The company serves professional users who work in automotive repair, heavy-duty transportation, aviation, agriculture, construction, industrial production, government, and other technical fields.

Snap-on markets products under the Snap-on brand and other brands, including Blue-Point, Bahco, and Williams.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Snap-On Right Now?Before you consider Snap-On, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snap-On wasn't on the list.

While Snap-On currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Snap-On (SNA - Free Report) reported $1.18 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 0.6%. EPS of $4.64 for the same period compares to $4.71 a year ago.

The reported revenue represents a surprise of -3.59% over the Zacks Consensus Estimate of $1.23 billion. With the consensus EPS estimate being $4.91, the EPS surprise was -5.5%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Snap-On performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Financial Services Revenue: $98.6 million versus $102.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.5% change.Net Sales- Intersegment eliminations: $-146.8 million compared to the $-153.73 million average estimate based on three analysts. The reported number represents a change of -0.6% year over year.Net Sales- Repair Systems & Information Group: $454.7 million versus the three-analyst average estimate of $478.61 million. The reported number represents a year-over-year change of -2.2%.Net Sales- Snap-on Tools Group: $471.5 million versus the three-analyst average estimate of $514.35 million. The reported number represents a year-over-year change of -6.8%.Net Sales- Commercial & Industrial Group: $404.3 million versus $390.24 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10% change.Operating earnings / (losses)- Financial services: $68.3 million compared to the $69.61 million average estimate based on three analysts.Operating earnings / (losses)- Commercial & Industrial Group: $74.7 million versus $63.49 million estimated by two analysts on average.Operating earnings / (losses)- Corporate: $-27.5 million compared to the $-27.92 million average estimate based on two analysts.Operating earnings / (losses)- Snap-on Tools Group: $84.8 million compared to the $109.58 million average estimate based on two analysts.Operating earnings / (losses)- Repair Systems & Information Group: $116.1 million compared to the $121.38 million average estimate based on two analysts.View all Key Company Metrics for Snap-On here>>>

Shares of Snap-On have returned -0.4% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Snap-On (SNA - Free Report) came out with quarterly earnings of $4.64 per share, missing the Zacks Consensus Estimate of $4.91 per share. This compares to earnings of $4.71 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.50%. A quarter ago, it was expected that this tool and diagnostic equipment maker would post earnings of $4.9 per share when it actually produced earnings of $4.96, delivering a surprise of +1.22%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Snap-On, which belongs to the Zacks Tools - Handheld industry, posted revenues of $1.18 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 3.59%. This compares to year-ago revenues of $1.19 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Snap-On shares have added about 7.1% since the beginning of the year versus the S&P 500's gain of 13.3%.

What's Next for Snap-On?While Snap-On has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Snap-On was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.17 on $1.26 billion in revenues for the coming quarter and $19.76 on $4.92 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Tools - Handheld is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Consumer Discretionary sector, Sphere Entertainment (SPHR - Free Report) , has yet to report results for the quarter ended September 2026.

This company is expected to post quarterly loss of $1.72 per share in its upcoming report, which represents a year-over-year change of -25.6%. The consensus EPS estimate for the quarter has been revised 36.4% lower over the last 30 days to the current level.

Sphere Entertainment's revenues are expected to be $275.73 million, up 5% from the year-ago quarter.

In its upcoming report, Snap-On (SNA - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.91 per share, reflecting an increase of 4.3% compared to the same period last year. Revenues are forecasted to be $1.23 billion, representing a year-over-year increase of 3.1%.

Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

Given this perspective, it's time to examine the average forecasts of specific Snap-On metrics that are routinely monitored and predicted by Wall Street analysts.

The consensus estimate for 'Net Sales- Financial Services Revenue' stands at $102.03 million. The estimate suggests a change of +0.9% year over year.

The consensus among analysts is that 'Net Sales- Repair Systems & Information Group' will reach $478.61 million. The estimate indicates a year-over-year change of +3%.

Analysts predict that the 'Net Sales- Snap-on Tools Group' will reach $514.35 million. The estimate points to a change of +1.7% from the year-ago quarter.

Analysts forecast 'Net Sales- Commercial & Industrial Group' to reach $390.24 million. The estimate suggests a change of +6.1% year over year.

Analysts' assessment points toward 'Operating earnings / (losses)- Financial services' reaching $69.61 million. Compared to the present estimate, the company reported $68.90 million in the same quarter last year.

Based on the collective assessment of analysts, 'Operating earnings / (losses)- Commercial & Industrial Group' should arrive at $63.49 million. Compared to the current estimate, the company reported $57.50 million in the same quarter of the previous year.

The collective assessment of analysts points to an estimated 'Operating earnings / (losses)- Snap-on Tools Group' of $109.58 million. The estimate compares to the year-ago value of $109.90 million.

It is projected by analysts that the 'Operating earnings / (losses)- Repair Systems & Information Group' will reach $121.38 million. The estimate compares to the year-ago value of $141.20 million.

View all Key Company Metrics for Snap-On here>>>

Over the past month, shares of Snap-On have returned -1.3% versus the Zacks S&P 500 composite's +0.7% change. Currently, SNA carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Key Takeaways Snap-on's Q3 earnings are expected to rise 4.3% YoY to $4.91 per share, with revenues growing 3.1% to $1.2B.Strong repair demand, advanced diagnostics and industrial growth are expected to support Snap-on's Q3 results.SNA faces headwinds from cautious customer spending, inflationary costs, tariff and potential margin pressure. Snap-on Incorporated (SNA - Free Report) is likely to witness growth in its top and bottom lines when it reports third-quarter 2026 earnings on Oct. 22, before the opening bell. The Zacks Consensus Estimate for revenues is $1.2 billion, which indicates a rise of 3.1% from the year-ago quarter’s level.

The consensus estimate for quarterly earnings has declined by a penny over the past 30 days to $4.91 per share and shows growth of 4.3% from the year-earlier quarter’s tally.

The company has a trailing four-quarter earnings surprise of 1.4%, on average. It delivered an earnings surprise of 1.22% in the last reported quarter.

Key Factors Likely to Influence SNA’s Q3 ResultsSnap-on’s third-quarter performance is expected to have benefited from sustained demand across the automotive repair industry, supported by the aging global vehicle fleet and increasing vehicle complexity. Healthy repair activity, rising demand for specialized tools and the growing need for advanced diagnostic solutions are likely to have supported the company’s Tools and Repair Systems & Information (RS&I) segments. Strong customer demand for productivity-enhancing power tools, precision torque products and other faster-payback offerings is expected to have aided the Tools Group. Meanwhile, growing adoption of intelligent diagnostics, proprietary repair information and advanced undercar equipment among independent repair shops may have bolstered RS&I's performance.

SNA's Commercial & Industrial (C&I) segment is likely to have gained from improving demand across critical industries, including aviation, heavy-duty fleets and natural resources. The growing need for precision, customization and reliability in complex industrial applications is expected to have supported demand for specialty torque solutions, innovative power tools and customized tool kits. Expanding opportunities in data center infrastructure, particularly for precision torque applications, may have provided an additional growth avenue. Improving business momentum across Asia-Pacific and European markets, supported by stronger product offerings and better-aligned supply chains, is also likely to have aided the segment's performance. The recent Hi-Force acquisition may have further strengthened the company's industrial capabilities. Our model predicts net sales to rise by 6.5%, 1% and 2% for the C&I, Tools and RS&I segments, respectively, for the third quarter.

Snap-on's strategic growth initiatives, including strengthening the franchise van channel, deepening relationships with repair shop owners and expanding its presence in critical industries, are expected to have supported quarterly performance. The company's focus on innovation and new product development, particularly advanced diagnostic platforms and specialized repair solutions, is likely to have encouraged customer adoption. The recent Diesel Laptops acquisition may have expanded its presence in heavy-duty vehicle diagnostics and repair information solutions. Moreover, SNA's emphasis on Rapid Continuous Improvement, aimed at enhancing operational efficiency, optimizing sourcing and controlling costs, is expected to have supported profitability. Its localized manufacturing footprint and ongoing supply-chain adjustments may have further strengthened operational resilience amid a challenging business environment.

Despite these strengths, Snap-on's third-quarter performance may have faced pressure from persistent macroeconomic uncertainty, inflationary costs and cautious customer spending. Automotive technicians' reluctance to undertake significant financial commitments is likely to have weighed on demand for expensive tool storage products and related financing activities. Reduced vehicle program launches by original equipment manufacturers and delayed capital spending by dealerships may have constrained demand in the RS&I segment. Continued softness in military-related industrial demand could also have limited growth opportunities. Additionally, unfavorable product mix, higher personnel and freight expenses, and increased technology investments may have pressured margins. Ongoing tariff uncertainty and supply-chain disruptions are other factors that could have affected overall profitability.

What the Zacks Model Predicts for SNAOur proven model doesn’t conclusively predict an earnings beat for Snap-on this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.

Snap-on has an Earnings ESP of -0.24% and a Zacks Rank of 2 at present. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Valuation Picture of SNA StockSnap-on has a forward 12-month price-to-earnings ratio of 17.39x compared with its five-year high of 20.56x and the Tools - Handheld industry’s average of 17.99x.

Image Source: Zacks Investment Research

The recent market movements show that SNA’s shares have declined 12.4% in the past three months compared with the industry's 7.9% fall.

Image Source: Zacks Investment Research

Stocks Poised to Beat Earnings EstimatesHere are some companies that, according to our model, have the right combination of elements to post an earnings beat:

Mohawk Industries, Inc. (MHK - Free Report) currently has an Earnings ESP of +0.04% and a Zacks Rank of 3. MHK is likely to register top-line growth when it reports third-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.9 billion, indicating 3.4% growth from the figure reported in the year-ago quarter. You can see the complete list of today’s Zacks #1 Rank stocks here. 

The consensus estimate for MHK’s earnings has increased by a penny to $2.57 per share in the past 30 days. The consensus estimate indicates a decline of 3.8% from the year-ago quarter’s actual. MHK has a trailing four-quarter earnings surprise of 12.3%, on average.

V.F. Corporation (VFC - Free Report) currently has an Earnings ESP of +3.29% and a Zacks Rank of 3. VFC is likely to register top-line growth when it reports second-quarter fiscal 2027 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.7 billion, indicating a 3.8% decline from the figure reported in the year-ago quarter.

The consensus estimate for VFC’s earnings has remained stable at 51 cents per share in the past 30 days. The consensus estimate indicates a decline of 1.9% from the year-ago quarter’s actual. VFC has a trailing four-quarter earnings surprise of 33.9%, on average.

Marriott Vacations Worldwide Corporation (VAC - Free Report) has an Earnings ESP of +10.02% and a Zacks Rank of 1 at present.

Marriott Vacations is expected to register a 45% increase in earnings for the to-be-reported quarter. VAC reported better-than-expected earnings in the trailing three out of four quarters and missed once, the average surprise being 1.4%.

A dividend that grows beats one that just pays, but only if the raise keeps coming year after year. These five industrials have done exactly that, and the math behind their payout records reveals which ones still have room to…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A static yield gives the same check every year while inflation chips away at it. A rising payout works the other way: every raise lifts the income on shares you already own, with no new money required. Illinois Tool Works (NYSE:ITW | ITW Price Prediction) shows how far that compounding can run. Its quarterly dividend was $0.15 per share in 1999 and now stands at $1.72. The five industrial names below all have long, proven records of raising their payouts, and free cash flow gives for those raises. A long raise run shows discipline and cash generation. It ensures nothing, and run do end, so every section starts with the safety read.

Illinois Tool Works Yield: ITW’s annualized forward dividend of $6.88 on a share price of $262.32 works out to a forward yield of about 2.62%.

Raise record: The quarterly payment due October 9 rises to $1.72 from $1.61, a 6.8% increase. The dividend records show an in-year step-up in every calendar year from 2010 through this year.

Safety read: Trailing dividends of $6.44 per share against trailing EPS of $11.03 put the payout ratio near 58%, above any other name in this group. Cash flow covers it comfortably. Q2 free cash flow rose 40.5% to $631M, and management looks for full-year free cash flow to exceed 100% of net income. ITW returned more than $1.20B to shareholders in Q2 alone, and its 26.7% operating margin funds both the dividend and about $1.5B of planned buybacks.

Bull case: Q2 revenue rose 6.1% to $4.30B, EPS of $2.84 beat the $2.80 estimate, and full-year GAAP EPS guidance was lifted to $11.35 to $11.55. Growing earnings give the board room for the next raise. The stock trades at 24 times trailing earnings and 22 times forward.

Risk: Two segments are lagging. Automotive OEM organic revenue slipped 0.4% and Food Equipment was flat in Q2, and tariffs and supply chains add pressure.

Snap-on Yield: Snap-on (NYSE:SNA) gives an annualized forward dividend of $9.76 per share. At $358.38, that is a forward yield of about 2.72%, the highest of these five.

Raise record: The most recent increase lifted the quarterly rate from $2.14 to $2.44, a 14.0% jump. In the records, the quarterly rate has been higher every year since $0.30 in 2010, with an in-year raise in every year from 2019 through 2025. The board usually announces its raise late in the year.

Safety read: Trailing dividends of $9.46 against trailing EPS of $19.62 put the payout ratio near 48%. The balance sheet holds $1.64B in cash against $6.04B of shareholders’ equity, and Q2 operating cash flow rose to $271.5M from $237.2M. That left room for $91.4M of share repurchases in the quarter.

Bull case: The Commercial & Industrial Group grew 11.0% organically with margins up 330 bps to 16.8%, and gross margin expanded to 51.4%. At 18 times trailing earnings, Snap-on covers the lowest trailing multiple in this group, and shares are down 6.43% over the past month.

Risk: Financial Services originations fell 4.1% year over year, and management noted concern among U.S. technicians, the core customers who buy from Snap-on’s vans.

Cintas Yield: Cintas (NASDAQ:CTAS) gives an annualized forward dividend of $2.08. At $199.23, that is a forward yield of about 1.04%. The starting yield is small. The growth rate is the draw.

Raise record: The latest quarterly payment rose to $0.52 from $0.45, a 15.6% raise. The records show an in-year increase every year from 2021 onward. The per-share figure dropped lower in 2024 after a stock split, then climbed again from $0.39 to $0.45 to $0.52.

Safety read: Trailing dividends of $1.87 against trailing EPS of $5.07 put the payout ratio near 37%. Fiscal Q1 free cash flow rose 48.7% to $464.8M, more than double the $208.8M total dividend paid in September. Last fiscal year, Cintas returned $1.65B to shareholders, including $952.1M of buybacks.

Bull case: Uniform rental and facility services bill on a recurring basis, and the numbers show it. Revenue grew 10.9% to $3.01B, adjusted EPS of $1.39 beat the $1.36 estimate, and management raised its fiscal 2027 adjusted EPS guidance to $5.45 to $5.54. The CEO called it “record revenue and record operating margin.”

Risk: The pending UniFirst acquisition is under FTC review and looks for to close before year-end. A long review or a difficult integration could tie up cash that would otherwise fund raises and buybacks.

Dover Yield: Dover (NYSE:DOV) gives an annualized forward dividend of $2.10. At $187.92, that is a forward yield of about 1.12%.

Raise record: The records going back to 1999 show the regular quarterly dividend rising year by year, from $0.105 to $0.525. The latest step took the quarterly rate from $0.52 to $0.525.

Safety read: Dover has the largest buffer of the five. Trailing dividends of $2.08 against trailing EPS of $8.30 put the payout ratio near 25%. Q2 free cash flow rose 23.7% to $188.4M, and management looks for cash generation to pick up in the second half on seasonal working-capital release. The CEO said “Our balance sheet remains a competitive advantage.”

Bull case: Q2 bookings reached $2.33B versus $2.01B a year earlier, all five segments grew organically, and full-year adjusted EPS guidance rose to $10.55 to $10.75. Shares are down 3.03% this year and trade at 17 times forward earnings versus 23 times trailing. The CEO has said the stock is “from a multiple point of view, cheap.”

Risk: The raises are tiny. The latest increase was about 1.0%, and management says it wants to “keep our powder dry” for acquisitions. Looks for the income to keep growing slowly even while earnings climb.

Nordson Yield: Nordson (NASDAQ:NDSN) gives an annualized forward dividend of $3.76. At $325.39, that is a forward yield of about 1.16%.

Raise record: The quarterly payout just rose to $0.94 from $0.82, a 14.6% raise. The records show annual increases in every year from 2002 through 2025, and this year’s raise continues that run.

Safety read: Trailing dividends of $3.28 against trailing EPS of $9.69 put the payout ratio near 34%. Fiscal Q3 free cash flow came in at $237 million, compared with $137 million in dividends paid over the first nine months of the fiscal year. Net debt stands near $1.6 billion with leverage of 1.7 times, and both are falling. The CEO pointed to “free cash flow conversion of well over 100% of net income.”

Bull case: Revenue rose 10.3% to $817.7M, adjusted EPS of $3.25 beat the $3.09 estimate, and all three segments set revenue records. Advanced Technology Solutions grew 31% organically, backlog is up 35%, and full-year adjusted EPS guidance now stands at $11.80 to $12.00.

Risk: The stock is up 42.7% over the past year and trades at 34 times trailing earnings, so new buyers start with a lower yield and more valuation risk.

Five Raise Records Side by Side Stock Forward Yield Payout Ratio Latest Quarterly Raise Illinois Tool Works 2.62% 58% 6.8% Snap-on 2.72% 48% 14.0% Cintas 1.04% 37% 15.6% Dover 1.12% 25% 1.0% Nordson 1.16% 34% 14.6% Why Growth Beats Yield for Long-Term Holders Snap-on and Illinois Tool Works pay the most income on today’s read. Cintas and Nordson are raising at double-digit rates, and Dover has the largest coverage buffer. All five pay out well under two-thirds of earnings, which leaves cash for the next raise. For a holder with years ahead, the raise matters more than the starting yield, because each increase builds on the last one and the income from the original investment keeps rising (that compounding is the whole point of a dividend ladder, and we laid out how to build one you never have to sell out of in a free guide here).

Contact [email protected] for any questions or corrections.

The market expects Snap-On (SNA - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis tool and diagnostic equipment maker is expected to post quarterly earnings of $4.91 per share in its upcoming report, which represents a year-over-year change of +4.3%.

Revenues are expected to be $1.23 billion, up 3.1% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Snap-On?For Snap-On, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.24%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Snap-On will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Snap-On would post earnings of $4.9 per share when it actually produced earnings of $4.96, delivering a surprise of +1.22%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Snap-On doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Gencor Industries (NASDAQ:GENC – Get Free Report) and Snap-On (NYSE:SNA – Get Free Report) are both industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, analyst recommendations, institutional ownership and dividends.

Volatility & Risk Gencor Industries has a beta of 0.54, indicating that its stock price is 46% less volatile than the S&P 500. Comparatively, Snap-On has a beta of 0.71, indicating that its stock price is 29% less volatile than the S&P 500.

Earnings & Valuation This table compares Gencor Industries and Snap-On”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Gencor Industries $110.01 million 2.34 $14.67 million $1.16 15.16 Snap-On $4.74 billion 4.02 $1.02 billion $19.61 18.81 Snap-On has higher revenue and earnings than Gencor Industries. Gencor Industries is trading at a lower price-to-earnings ratio than Snap-On, indicating that it is currently the more affordable of the two stocks.

Profitability This table compares Gencor Industries and Snap-On’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Gencor Industries 14.33% 8.60% 8.01% Snap-On 21.25% 17.07% 12.00% Analyst Ratings This is a breakdown of recent recommendations and price targets for Gencor Industries and Snap-On, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Gencor Industries 0 1 1 1 3.00 Snap-On 0 1 5 0 2.83 Gencor Industries presently has a consensus price target of $19.30, suggesting a potential upside of 9.72%. Snap-On has a consensus price target of $426.20, suggesting a potential upside of 15.57%. Given Snap-On’s higher probable upside, analysts plainly believe Snap-On is more favorable than Gencor Industries.

Institutional and Insider Ownership 84.9% of Snap-On shares are owned by institutional investors. 30.4% of Gencor Industries shares are owned by insiders. Comparatively, 3.8% of Snap-On shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary Snap-On beats Gencor Industries on 12 of the 15 factors compared between the two stocks.

(Get Free Report)

Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. It offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants. The company also provides combustion systems that transform solid, liquid, or gaseous fuels into usable energy, or burn multiple fuels in asphalt and aggregate drying industries; and combustion systems for rotary dryers, kilns, fume and liquid incinerators, and fuel heaters, as well as industrial incinerators. In addition, it offers thermal fluid heat transfer systems that transfer heat for storage, heating, and pumping viscous materials, such as asphalt, chemicals, heavy oils, etc. in various industrial and petrochemical applications; specialty storage tanks for various industrial uses; and asphalt pavers under the Blaw-Knox brand. The company sells its products primarily to the highway construction industry through its sales representatives, and independent dealers and agents worldwide. The company was formerly known as Mechtron International Corporation and changed its name to Gencor Industries, Inc. in 1987. Gencor Industries, Inc. was founded in 1894 and is based in Orlando, Florida.

About Snap-On (Get Free Report)

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company provides hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other related products; power tools, such as cordless, pneumatic, and hydraulic and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics; and engineered solutions. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. It serves the aviation and aerospace, agriculture, infrastructure construction, government and military, mining, natural resources, power generation, and technical education industries. Snap-on Incorporated was incorporated in 1920 and is headquartered in Kenosha, Wisconsin.

Receive News & Ratings for Gencor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gencor Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways Snap-on's gross margin expanded 90 basis points to 51.4%, driven by higher volumes and RCI savings.Commercial & Industrial gross margin rose 260 basis points to 42.6% on stronger sales and RCI savings.RCI, sourcing shifts and in-sourcing are helping Snap-on manage inflation, tariffs and margin pressure. Snap-on Incorporated’s (SNA - Free Report) gross-margin performance in the second quarter reflected the continued benefits of its Rapid Continuous Improvement, or RCI, initiatives, along with stronger volumes across parts of the business. Management highlighted RCI as an important lever for improving manufacturing efficiency and offsetting cost pressures, particularly in an environment marked by material inflation, tariffs and supply-chain changes. The company has also been adjusting sourcing and production across its global manufacturing footprint, complementing RCI efforts and helping protect profitability.

Consolidated gross margin expanded 90 basis points year over year to 51.4%, with management attributing the improvement primarily to higher volumes and savings from RCI initiatives. The Commercial & Industrial Group was particularly strong, with gross margin rising 260 basis points to 42.6%, supported by increased sales and RCI savings. However, the Snap-on Tools Group’s gross margin slipped 30 basis points to 48%, mainly due to an unfavorable product-mix shift, while RS&I gross margin declined 50 basis points to 46.3% because of higher sales of lower-margin products.

Looking ahead, RCI remains central to Snap-on’s approach to managing margin pressure. Management indicated a preference for addressing cost inflation through continuous improvement, sourcing changes and new-product innovation rather than relying heavily on pricing. In-sourcing certain power-tool production and making similar adjustments in torque products are also helping reduce tariff exposure. Still, product mix and continued technology and personnel investments could limit margin expansion in some businesses, making sustained RCI savings and operating efficiencies important to further profitability gains.

SNA’s Price Performance, Valuation & EstimatesShares of Snap-on have gained 2.4% in the past six months compared with the industry’s growth of 1.2%.

Image Source: Zacks Investment Research

From a valuation standpoint, SNA trades at a forward price-to-earnings ratio of 17.92X compared with the industry’s average of 18.08X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SNA’s 2026 and 2027 earnings per share (EPS) indicates year-over-year growth of 0.9% and 7.3%, respectively. The company’s EPS estimate for 2026 and 2027 has remained stable in the past 30 days.

Image Source: Zacks Investment Research

Snap-on stock currently carries a Zacks Rank #3 (Hold).

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Kontoor Brands, Inc. (KTB - Free Report) , a lifestyle apparel company, designs, manufactures, procures, sells and licenses apparel, footwear and accessories, primarily under the Wrangler, Lee and Helly Hansen brands. At present, KTB carries a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for KTB’s current fiscal-year sales and earnings implies a decline of 14.3% and 6.1%, respectively, from the year-ago figures. KTB delivered a trailing four-quarter earnings surprise of 21.4%, on average.

Savers Value Village, Inc. (SVV - Free Report) , a thrift operator, sells second-hand merchandise in retail stores in the United States, Canada and Australia. SVV currently carries a Zacks Rank of 2.

The Zacks Consensus Estimate for SVV’s current financial-year sales and earnings is expected to rise 6.1% and 6.7%, respectively, from the corresponding year-ago reported figures. SVV delivered a trailing four-quarter negative earnings surprise of 1.6%, on average.

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company carries a Zacks Rank of 2.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales and earnings implies growth of 12.7% and 172.7%, respectively, from the year-ago reported figures. VNCE has delivered a trailing four-quarter earnings surprise of 561.4%, on average.

Jupiter Topco LLC bought a new position in shares of Snap-On Incorporated (NYSE:SNA – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,316 shares of the company’s stock, valued at approximately $2,138,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC increased its stake in Snap-On by 36.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock worth $36,000 after purchasing an additional 28 shares during the period. Verition Fund Management LLC boosted its stake in shares of Snap-On by 1.5% in the fourth quarter. Verition Fund Management LLC now owns 1,844 shares of the company’s stock valued at $635,000 after purchasing an additional 28 shares during the period. Ritholtz Wealth Management boosted its stake in shares of Snap-On by 2.4% in the first quarter. Ritholtz Wealth Management now owns 1,435 shares of the company’s stock valued at $521,000 after purchasing an additional 34 shares during the period. Pinnacle Associates Ltd. grew its holdings in shares of Snap-On by 5.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 758 shares of the company’s stock valued at $261,000 after purchasing an additional 39 shares in the last quarter. Finally, CX Institutional grew its holdings in shares of Snap-On by 10.6% in the second quarter. CX Institutional now owns 447 shares of the company’s stock valued at $180,000 after purchasing an additional 43 shares in the last quarter. 84.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Snap-On In other Snap-On news, CEO Nicholas Pinchuk sold 22,889 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $399.69, for a total value of $9,148,504.41. Following the completion of the sale, the chief executive officer owned 867,779 shares in the company, valued at approximately $346,842,588.51. The trade was a 2.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jesus Arregui sold 4,251 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $383.92, for a total value of $1,632,043.92. Following the completion of the sale, the senior vice president owned 4,439 shares of the company’s stock, valued at approximately $1,704,220.88. This represents a 48.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 45,398 shares of company stock valued at $18,298,580 over the last 90 days. 3.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Roth Capital restated a “buy” rating and issued a $461.00 price target (up from $409.00) on shares of Snap-On in a research note on Friday, July 24th. Robert W. Baird set a $415.00 price objective on Snap-On in a research report on Friday, July 24th. Tigress Financial increased their price objective on Snap-On from $445.00 to $485.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Barclays started coverage on Snap-On in a report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 target price for the company. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Snap-On has an average rating of “Moderate Buy” and an average target price of $426.20. View Our Latest Report on Snap-On

Snap-On Price Performance Shares of SNA opened at $383.98 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.64. Snap-On Incorporated has a 1-year low of $320.80 and a 1-year high of $423.02. The stock has a market cap of $19.86 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 2.68 and a beta of 0.72. The firm has a fifty day moving average price of $403.39 and a 200 day moving average price of $385.47.

Snap-On (NYSE:SNA – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.95 by $0.01. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the company posted $4.72 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Snap-On Incorporated will post 19.7 EPS for the current year.

Snap-On Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be paid a dividend of $2.44 per share. This represents a $9.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Snap-On’s dividend payout ratio (DPR) is currently 49.77%.

Snap-On Company Profile (Free Report)

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.

See Also Five stocks we like better than Snap-On The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern

Receive News & Ratings for Snap-On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-On and related companies with MarketBeat.com's FREE daily email newsletter.

Beacon Pointe Advisors LLC bought a new stake in shares of Snap-On Incorporated (NYSE:SNA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 24,512 shares of the company’s stock, valued at approximately $9,864,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. DV Equities LLC purchased a new stake in shares of Snap-On during the fourth quarter valued at about $25,000. Western Wealth Management LLC purchased a new position in shares of Snap-On in the 1st quarter worth approximately $29,000. Montag A & Associates Inc. raised its stake in shares of Snap-On by 331.8% during the 4th quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock worth $33,000 after acquiring an additional 73 shares in the last quarter. Quattro Advisors LLC bought a new position in shares of Snap-On during the 4th quarter worth approximately $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in Snap-On by 36.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after acquiring an additional 28 shares during the last quarter. 84.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In Several equities analysts have issued reports on SNA shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Robert W. Baird set a $415.00 price objective on Snap-On in a report on Friday, July 24th. Tigress Financial raised their price objective on Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Barclays initiated coverage on Snap-On in a research note on Thursday, May 28th. They set an “overweight” rating and a $420.00 target price on the stock. Finally, Roth Capital reaffirmed a “buy” rating and set a $461.00 target price (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Snap-On has a consensus rating of “Moderate Buy” and an average target price of $426.20.

Check Out Our Latest Report on Snap-On Snap-On Stock Performance NYSE:SNA opened at $391.93 on Friday. The company’s 50-day moving average is $404.14 and its two-hundred day moving average is $385.27. The firm has a market capitalization of $20.27 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.78 and a beta of 0.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.64. Snap-On Incorporated has a 1-year low of $319.20 and a 1-year high of $423.02.

Snap-On (NYSE:SNA – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $4.96 EPS for the quarter, beating the consensus estimate of $4.95 by $0.01. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. Snap-On had a net margin of 21.25% and a return on equity of 17.07%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.72 EPS. Analysts forecast that Snap-On Incorporated will post 19.7 EPS for the current year.

Snap-On Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $2.44 per share. The ex-dividend date is Wednesday, August 19th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.5%. Snap-On’s dividend payout ratio is currently 49.77%.

Insider Buying and Selling at Snap-On In other Snap-On news, VP Richard Thomas Miller sold 2,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total value of $811,840.00. Following the transaction, the vice president owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This represents a 30.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Timothy L. Chambers sold 9,111 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $419.36, for a total transaction of $3,820,788.96. Following the transaction, the senior vice president directly owned 21,223 shares of the company’s stock, valued at approximately $8,900,077.28. This trade represents a 30.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 46,728 shares of company stock worth $18,803,009. Insiders own 3.80% of the company’s stock.

Key Stories Impacting Snap-On Here are the key news stories impacting Snap-On this week:

Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250 Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock Snap-On Company Profile (Free Report)

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.

Further Reading Five stocks we like better than Snap-On 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop? Want to see what other hedge funds are holding SNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snap-On Incorporated (NYSE:SNA – Free Report).

Receive News & Ratings for Snap-On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-On and related companies with MarketBeat.com's FREE daily email newsletter.

Canada Pension Plan Investment Board purchased a new position in Snap-On Incorporated (NYSE:SNA – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 29,860 shares of the company’s stock, valued at approximately $12,016,000. Canada Pension Plan Investment Board owned 0.06% of Snap-On at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SNA. DV Equities LLC bought a new position in Snap-On in the 4th quarter worth $25,000. Western Wealth Management LLC bought a new stake in Snap-On during the first quarter valued at about $29,000. Montag A & Associates Inc. increased its position in Snap-On by 331.8% in the fourth quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Quattro Advisors LLC purchased a new stake in Snap-On in the fourth quarter worth about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Snap-On by 36.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock worth $36,000 after buying an additional 28 shares during the period. Institutional investors own 84.88% of the company’s stock.

Analysts Set New Price Targets SNA has been the topic of a number of analyst reports. Barclays began coverage on Snap-On in a research report on Thursday, May 28th. They set an “overweight” rating and a $420.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Tigress Financial raised their target price on shares of Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Robert W. Baird set a $415.00 price target on shares of Snap-On in a report on Friday, July 24th. Finally, Roth Capital reiterated a “buy” rating and issued a $461.00 price target (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $426.20.

View Our Latest Report on Snap-On Insiders Place Their Bets In other Snap-On news, VP Richard Thomas Miller sold 2,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total transaction of $811,840.00. Following the completion of the sale, the vice president directly owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This trade represents a 30.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Nicholas T. Pinchuk sold 22,889 shares of Snap-On stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $399.69, for a total transaction of $9,148,504.41. Following the sale, the chief executive officer owned 867,779 shares in the company, valued at approximately $346,842,588.51. The trade was a 2.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 46,728 shares of company stock worth $18,803,009 over the last ninety days. 3.80% of the stock is owned by company insiders.

Snap-On Price Performance NYSE:SNA opened at $391.93 on Friday. The business’s 50-day simple moving average is $404.14 and its two-hundred day simple moving average is $385.27. Snap-On Incorporated has a 52 week low of $319.20 and a 52 week high of $423.02. The stock has a market cap of $20.27 billion, a PE ratio of 19.99, a P/E/G ratio of 2.76 and a beta of 0.73. The company has a quick ratio of 2.64, a current ratio of 3.43 and a debt-to-equity ratio of 0.15.

Snap-On (NYSE:SNA – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, topping analysts’ consensus estimates of $4.95 by $0.01. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the company posted $4.72 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, analysts forecast that Snap-On Incorporated will post 19.7 EPS for the current fiscal year.

Snap-On Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $2.44 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $9.76 dividend on an annualized basis and a yield of 2.5%. Snap-On’s payout ratio is currently 49.77%.

Key Headlines Impacting Snap-On Here are the key news stories impacting Snap-On this week:

Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250 Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock About Snap-On (Free Report)

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.

Featured Stories Five stocks we like better than Snap-On From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week

Receive News & Ratings for Snap-On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-On and related companies with MarketBeat.com's FREE daily email newsletter.

Allworth Financial LP bought a new position in Snap-On Incorporated (NYSE:SNA – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,067 shares of the company’s stock, valued at approximately $1,637,000.

Several other institutional investors also recently modified their holdings of the business. DV Equities LLC purchased a new stake in shares of Snap-On during the fourth quarter valued at approximately $25,000. Western Wealth Management LLC purchased a new position in Snap-On in the first quarter worth $29,000. Montag A & Associates Inc. grew its stake in Snap-On by 331.8% in the 4th quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock valued at $33,000 after purchasing an additional 73 shares during the period. Quattro Advisors LLC bought a new position in Snap-On in the 4th quarter valued at $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Snap-On by 36.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after purchasing an additional 28 shares during the last quarter. 84.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on SNA shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Tigress Financial raised their price objective on shares of Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Barclays initiated coverage on shares of Snap-On in a research report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price objective on the stock. Roth Capital reiterated a “buy” rating and issued a $461.00 target price (up from $409.00) on shares of Snap-On in a research note on Friday, July 24th. Finally, Robert W. Baird set a $415.00 target price on shares of Snap-On in a research report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $426.20.

View Our Latest Stock Report on Snap-On Snap-On Trading Up 0.5% Shares of SNA stock opened at $393.11 on Friday. The business has a 50-day moving average of $403.30 and a 200 day moving average of $384.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.64. Snap-On Incorporated has a 1-year low of $319.20 and a 1-year high of $423.02. The stock has a market capitalization of $20.34 billion, a PE ratio of 20.05, a P/E/G ratio of 2.75 and a beta of 0.73.

Snap-On (NYSE:SNA – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, beating the consensus estimate of $4.95 by $0.01. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.72 earnings per share. As a group, sell-side analysts anticipate that Snap-On Incorporated will post 19.7 earnings per share for the current year.

Snap-On Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be paid a $2.44 dividend. This represents a $9.76 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s payout ratio is presently 49.77%.

Snap-On declared that its Board of Directors has initiated a share repurchase plan on Thursday, April 30th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at Snap-On In other Snap-On news, CEO Nicholas T. Pinchuk sold 22,889 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $399.69, for a total value of $9,148,504.41. Following the transaction, the chief executive officer owned 867,779 shares in the company, valued at approximately $346,842,588.51. The trade was a 2.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Timothy L. Chambers sold 9,111 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $419.36, for a total transaction of $3,820,788.96. Following the transaction, the senior vice president directly owned 21,223 shares of the company’s stock, valued at approximately $8,900,077.28. This trade represents a 30.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,928 shares of company stock worth $18,483,009 over the last ninety days. Insiders own 3.80% of the company’s stock.

Snap-On Profile (Free Report)

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.

Further Reading Five stocks we like better than Snap-On Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

Receive News & Ratings for Snap-On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-On and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways SNA's Tools Group sales rose 3% organically, supported by power tools, torque products and diagnostics.SNA's product pivot drove at least two-thirds of Tools Group growth in the second quarter.Snap-on's Tools Group margins declined as higher personnel and freight costs offset sales growth. Snap-on Incorporated (SNA - Free Report) reported continued sales growth in its Tools Group in the second quarter of fiscal 2026, with sales increasing 3% organically to $508.8 million from $491 million a year ago. The increase reflected low single-digit gains in both U.S. and international operations, supported by higher sales of featured new products, including power tools, air-conditioning service and diagnostics.

The company continued its shift toward products offering quicker customer payback, with management indicating that the pivot was contributing to Tools Group growth. Management indicated that power tools and torque products were important contributors to the increase, noting that both were key parts of the company's pivot. They estimated that two-thirds or more of the Tools Group's growth was related to the pivot, while the recently launched APOLLO diagnostic product also had a strong quarter and contributed to the increase.

However, the segment continued to face higher operating costs. Operating expenses increased to 25.4% of sales from 24.5%, reflecting higher personnel, freight and other costs. Operating earnings declined to $115.1 million from $116.7 million, while operating margin contracted to 22.6% from 23.8% in the previous year period. Gross margin also declined 30 basis points year over year to 48% from 48.3%, primarily due to a year-over-year shift in product mix, partly offset by savings from the segment's rapid continuous improvement (RCI) initiatives.

Management said that additional personnel resources were being directed toward growth opportunities, while new products continued to support sales. At the same time, tool storage remained weak, and technicians continued to show reluctance toward longer-term obligations on larger-ticket purchases. Overall, Snap-on’s evolving product mix and customer-focused innovation could support continued Tools Group momentum, although rising operating expenses and softness in larger purchases may constrain profitability. The segment’s ability to balance growth investments with cost discipline will likely remain important.

The Zacks Rundown for SNASnap-on’s shares have gained 12.4% in the past three months compared with the industry’s 9.9% growth. The company currently carries a Zacks Rank #3 (Hold).

Image Source: Zacks Investment Research

From a valuation standpoint, SNA trades at a forward price-to-earnings ratio of 20.24X compared with the industry’s average of 20.23X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SNA’s current and next fiscal-year sales and earnings implies a rise of 0.9% and 7.3%, respectively, from the previous year figures.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Carter’s, Inc. (CRI - Free Report) designs, sources, and markets branded children's wear in the United States and internationally. At present, CRI currently carries a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CRI’s current fiscal-year earnings implies a decline of 10.1% from the year-ago figures. CRI delivered a trailing four-quarter earnings surprise of 415.9%, on average.

Kontoor Brands, Inc. (KTB - Free Report) , a lifestyle apparel company, designs, manufactures, procures, sells, and licenses apparel, footwear, and accessories, primarily under the Wrangler, Lee, and Helly Hansen brands. At present, KTB carries a Zacks Rank of 2.

The Zacks Consensus Estimate for KTB’s current fiscal-year sales and earnings implies a decline of 14.3% and 6.6%, respectively, from the year-ago figures. KTB delivered a trailing four-quarter earnings surprise of 21.2%, on average.

Crocs, Inc. (CROX - Free Report) designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and kids. At present, CROX carries a Zacks Rank of 2.

The Zacks Consensus Estimate for CROX’s current fiscal-year sales and earnings implies growth of 1.4% and 10.8%, respectively, from the year-ago figures. CROX delivered a trailing four-quarter earnings surprise of 13.6%, on average.

Key Takeaways Snap-on delivered 4.7% sales growth in Q2, led by Commercial & Industrial's 11% organic growth.SNA ended Q2 with $1.64B cash, supporting product development, acquisitions and capital returns.Snap-on's gross margin expanded to 51.4%, while some segment margins faced cost and mix pressures. Snap-on Incorporated (SNA - Free Report) pairs resilient operations and strong cash generation with a valuation near the top of its five-year range. Second-quarter sales and earnings advanced, while gross margin widened despite higher operating expenses.

The central question is whether that execution supports paying a premium now. The company has several growth avenues, but its current valuation and mixed segment margins leave less room for operational setbacks.

Snap-on’s Operations Offer Multiple Growth PathsSecond-quarter net sales increased 4.7% to $1.24 billion, including 3% organic growth. Commercial & Industrial led the advance with 11% organic growth as Asia Pacific and European hand tools, specialty torque and power tools gained ground.

The franchise van channel also benefited from demand for quicker-payback products, including power tools, torque products and diagnostics. Snap-on is expanding in aviation, heavy-duty fleets, technical education and data-center applications, while the Hi-Force and Diesel Laptops acquisitions broaden its hydraulic torque and commercial-truck diagnostic capabilities.

SNA’s Cash Position Adds Strategic FlexibilitySnap-on ended the second quarter with $1.64 billion in cash and cash equivalents, compared with $887 million in long-term debt. Operating cash flow reached $271.5 million for the quarter and $640.2 million for the first six months of 2026.

That liquidity supports product development, acquisitions and capital returns without weakening balance-sheet resilience. During the quarter, Snap-on paid $126.4 million in dividends, repurchased 241,000 shares for $91.4 million and spent $154 million on acquisitions.

Snap-on’s Premium Reflects Proven QualitySNA trades at 20.4X forward 12-month earnings, above the sub-industry’s 19.7X and well above its five-year median of 14.6X. The multiple is also close to the stock’s five-year high of 20.6X, signaling that investors already assign considerable value to the company’s execution.

Image Source: Zacks Investment Research

The premium has support. Consolidated gross margin expanded 90 basis points to 51.4%, aided by higher volume and Rapid Continuous Improvement savings. Commercial & Industrial operating margin rose 330 basis points to a record 16.8%, demonstrating the earnings potential of stronger industrial demand.

SNA Still Faces Execution and Demand RisksConsolidated operating expenses increased to 29.6% of sales from 28.5% a year earlier. Tools Group operating margin declined 120 basis points to 22.6%, while Repair Systems & Information margin fell 160 basis points to 24% amid personnel costs, technology investment and product-mix pressure.

Customer caution also remains visible. Tool-storage demand stayed weak, total Financial Services originations declined 4.1% and extended-credit originations fell 2.4%. Raw-material, freight and tariff volatility could add pressure if pricing or efficiency gains fail to offset higher costs.

Competition adds another consideration. Stanley Black & Decker (SWK - Free Report) serves professional users through a broad portfolio of hand tools, power tools and digital jobsite solutions. Lincoln Electric Holdings, Inc. (LECO - Free Report) competes for industrial spending through welding, cutting and automation systems, making product differentiation and precision capabilities important for Snap-on’s expansion beyond vehicle repair.

Snap-on’s Ratings Favor Patience Over AggressionThe operating picture supports holding a quality business, but the valuation limits the margin of safety. Strong cash flow and improving industrial demand provide support, while elevated expenses and cautious big-ticket purchasing argue against chasing the shares.

Snap-on currently carries a Zacks Rank #3 (Hold). Its Value Score of D, Growth Score of D and VGM Score of D indicate limited quantitative appeal, while the Momentum Score of C is comparatively better but not strong enough to offset the broader scorecard. The combination favors patience rather than an aggressive entry at the current price. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Have you assessed how the international operations of Snap-On (SNA - Free Report) performed in the quarter ended June 2026? For this tool and diagnostic equipment maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.

In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.

Participation in global economies acts as a defense against economic difficulties at home and a pathway to more rapidly developing economies. However, it also comes with the complexities of dealing with fluctuating currencies, geopolitical risks and different market dynamics.

Our review of SNA's last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.

For the quarter, the company's total revenue amounted to $1.24 billion, experiencing an increase of 4.7% year over year. Next, we'll explore the breakdown of SNA's international revenue to understand the importance of its overseas business operations.

Exploring SNA's International Revenue PatternsOf the total revenue, $131 million came from Other International during the last fiscal quarter, accounting for 10.6%. This represented a surprise of +8.2% as analysts had expected the region to contribute $121.07 million to the total revenue. In comparison, the region contributed $122.1 million, or 10.1%, and $115 million, or 9.8%, to total revenue in the previous and year-ago quarters, respectively.

Europe accounted for 16.3% of the company's total revenue during the quarter, translating to $200.7 million. Revenues from this region represented a surprise of +0.72%, with Wall Street analysts collectively expecting $199.26 million. When compared to the preceding quarter and the same quarter in the previous year, Europe contributed $215.2 million (17.8%) and $185.7 million (15.8%) to the total revenue, respectively.

Projected Revenues in Foreign MarketsFor the current fiscal quarter, it is anticipated by Wall Street analysts that Snap-On will post revenues of $1.23 billion, which reflects an increase of 3% the same quarter in the previous year. The revenue contributions are expected to be 10% from Other International ($121.95 million), and 16.5% from Europe ($201.63 million).

For the entire year, the company's total revenue is forecasted to be $4.91 billion, which is an improvement of 3.6% from the previous year. The revenue contributions from different regions are expected as follows: Other International will contribute 10% ($490.14 million), and Europe 16.8% ($827.08 million) to the total revenue.

Final ThoughtsSnap-On's leaning on foreign markets for its revenue stream presents a mix of chances and challenges. Therefore, a vigilant watch on its international revenue movements can greatly aid in projecting the company's future direction.

With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.

We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.

The Zacks Rank, our proprietary stock rating tool, comes with an externally validated impressive track record. It effectively utilizes shifts in earnings projections to act as a dependable barometer for forecasting short-term stock price trends.

At the moment, Snap-On has a Zacks Rank #3 (Hold), signifying that its performance may align with the overall market trend in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Snap-On's Recent Stock Market PerformanceThe stock has witnessed an increase of 1.8% over the past month versus the Zacks S&P 500 composite's an increase of 0.8%. In the same interval, the Zacks Consumer Discretionary sector, to which Snap-On belongs, has registered a decrease of 1.8%. Over the past three months, the company's shares saw an increase of 6.2%, while the S&P 500 increased by 3.8%. In comparison, the sector experienced a decline of 5.3% during this timeframe.

Snap-on Incorporated (SNA) Q2 2026 Earnings Call July 23, 2026 10:00 AM EDT

Company Participants

Sara Verbsky - Vice President of Investor Relations
Nicholas Pinchuk - Chairman, CEO & President
Aldo Pagliari - Senior VP of Finance & CFO

Conference Call Participants

David S. MacGregor - Longbow Research LLC
Christopher Glynn - Oppenheimer & Co. Inc., Research Division
Scott Stember - ROTH Capital Partners, LLC, Research Division
Gary Prestopino - Barrington Research Associates, Inc., Research Division
Bret Jordan - Jefferies LLC, Research Division

Presentation

Operator

Good day, and welcome to the Snap-on Incorporated 2026 Second Quarter Results Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the call over to Sara Verbsky, Vice President, Investor Relations. Please go ahead.

Sara Verbsky
Vice President of Investor Relations

Thank you, Cole, and good morning, everyone. We appreciate you joining us today as we review Snap-on's second quarter results, which are detailed in our press release issued earlier this morning. We have on the call Nick Pinchuk, Snap-on's Chief Executive Officer; and Aldo Pagliari, Snap-on's Chief Financial Officer.

Nick will kick off our call this morning with his perspective on our performance. Aldo will then provide a more detailed review of the financial results. After Nick provides some closing thoughts, we'll take your questions.

As usual, we provided slides to supplement our discussion. These slides can be accessed under the Downloads tab in the webcast viewer as well as on our website, snapon.com, under the Investors section. The slides will be archived on our website along with the transcript of today's call. Any statements made during this call relative to management's expectations, estimates or beliefs or that otherwise discuss management's or the company's outlook, plans or projections are forward-looking statements and actual results may differ materially from those made in such statements. Additional information and the factors

Snap-On (SNA - Free Report) reported $1.24 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.7%. EPS of $4.96 for the same period compares to $4.72 a year ago.

The reported revenue represents a surprise of +1.12% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $4.90, the EPS surprise was +1.22%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Snap-On performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Financial Services Revenue: $99.7 million versus $102.57 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2% change.Net Sales- Intersegment eliminations: $-149.8 million versus $-135.47 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17% change.Net Sales- Repair Systems & Information Group: $480.3 million versus $488.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.Net Sales- Snap-on Tools Group: $508.8 million versus $504.15 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.Net Sales- Commercial & Industrial Group: $395.8 million versus $366.85 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.8% change.Operating earnings / (losses)- Financial services: $67.5 million versus $69.07 million estimated by three analysts on average.Operating earnings / (losses)- Commercial & Industrial Group: $66.5 million versus the two-analyst average estimate of $56.51 million.Operating earnings / (losses)- Corporate: $-27.8 million compared to the $-27.66 million average estimate based on two analysts.Operating earnings / (losses)- Snap-on Tools Group: $115.1 million compared to the $119.05 million average estimate based on two analysts.Operating earnings / (losses)- Repair Systems & Information Group: $115.1 million versus the two-analyst average estimate of $122.69 million.View all Key Company Metrics for Snap-On here>>>

Shares of Snap-On have returned +3.6% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Dimensional Fund Advisors LP grew its position in Snap-On Incorporated (NYSE:SNA – Free Report) by 2.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 880,951 shares of the company’s stock after acquiring an additional 17,337 shares during the quarter. Dimensional Fund Advisors LP owned about 1.70% of Snap-On worth $319,955,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SNA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Snap-On by 15.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,850 shares of the company’s stock worth $2,983,000 after buying an additional 1,185 shares in the last quarter. Woodline Partners LP increased its stake in Snap-On by 40.4% during the first quarter. Woodline Partners LP now owns 4,426 shares of the company’s stock worth $1,492,000 after acquiring an additional 1,273 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Snap-On by 100.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 464 shares of the company’s stock worth $144,000 after purchasing an additional 233 shares during the last quarter. Gamco Investors INC. ET AL increased its position in shares of Snap-On by 32.9% during the second quarter. Gamco Investors INC. ET AL now owns 1,752 shares of the company’s stock valued at $545,000 after acquiring an additional 434 shares during the last quarter. Finally, Natixis boosted its position in shares of Snap-On by 136.8% during the 2nd quarter. Natixis now owns 3,048 shares of the company’s stock worth $948,000 after purchasing an additional 1,761 shares during the period. 84.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Robert W. Baird raised their price target on Snap-On from $380.00 to $395.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Roth Capital reaffirmed a “buy” rating and issued a $431.00 price objective on shares of Snap-On in a research note on Friday, April 24th. Finally, Barclays began coverage on Snap-On in a report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $408.20.

Check Out Our Latest Stock Report on SNA

Snap-On Stock Performance NYSE:SNA opened at $407.16 on Thursday. Snap-On Incorporated has a 52 week low of $312.78 and a 52 week high of $419.68. The company has a fifty day simple moving average of $388.08 and a two-hundred day simple moving average of $377.89. The company has a quick ratio of 2.74, a current ratio of 3.53 and a debt-to-equity ratio of 0.15. The company has a market cap of $21.09 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 2.84 and a beta of 0.73.

Snap-On (NYSE:SNA – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business posted $4.51 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. As a group, equities analysts anticipate that Snap-On Incorporated will post 19.7 earnings per share for the current fiscal year.

Snap-On Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a $2.44 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.4%. Snap-On’s dividend payout ratio is currently 50.39%.

Snap-On announced that its board has authorized a share repurchase program on Thursday, April 30th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 2.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Activity In other Snap-On news, CEO Nicholas T. Pinchuk sold 23,396 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $375.77, for a total value of $8,791,514.92. Following the sale, the chief executive officer directly owned 856,918 shares in the company, valued at $322,004,076.86. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Richard Thomas Miller sold 2,000 shares of Snap-On stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $405.92, for a total value of $811,840.00. Following the sale, the vice president directly owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This trade represents a 30.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 37,117 shares of company stock valued at $14,003,922. 3.80% of the stock is currently owned by company insiders.

Snap-On Profile (Free Report)

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.

See Also Five stocks we like better than Snap-On Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding SNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snap-On Incorporated (NYSE:SNA – Free Report).

Receive News & Ratings for Snap-On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snap-On and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways Snap-on is expected to post second-quarter revenue growth of 3.6% and EPS growth of 3.8%.SNA is benefiting from resilient automotive repair demand and strength in critical industries.SNA's franchise expansion, innovation and efficiency initiatives are likely aiding performance. Snap-on Incorporated (SNA - Free Report) is likely to witness top and bottom-line growth when it reports second-quarter 2026 earnings on July 23, before the opening bell. The Zacks Consensus Estimate for revenues is $1.2 billion, which indicates a rise of 3.6% from the year-ago quarter’s level.

The consensus estimate for quarterly earnings has been stable over the past 30 days at $4.90 per share and shows growth of 3.8% from the year-earlier quarter’s tally.

The company has a trailing four-quarter earnings surprise of 1.7%, on average. It delivered an earnings surprise of 0.2% in the last reported quarter.

Key Factors Likely to Influence SNA’s Q2 ResultsSnap-on’s quarterly performance is expected to have benefited from solid demand across its core automotive repair markets, driven by the aging global vehicle fleet and increasing vehicle complexity. Healthy technician activity levels and strong repair shop utilization are likely to have supported sales growth in the Tools and Repair Systems & Information (RS&I) segments. Improved activity with customers in critical industries and the specialty torque business is expected to have aided the Commercial & Industrial (C&I) segment's performance.

SNA's robust business model enhances value creation across safety, service quality, customer satisfaction and innovation. The company’s strategic growth agenda includes expanding its franchise network, deepening relationships with repair shop owners and increasing its presence in emerging markets. Its focus on Rapid Continuous Improvement, a process aimed at boosting efficiency, controlling costs and enhancing organizational performance, is encouraging. SNA’s innovation pipeline remains strong, with ongoing investments in product development and global brand expansion.

Snap-on has been expanding its reach into critical industries including aviation, natural resources and infrastructure, where demand for precision, reliability and customized solutions is high. Growth in such areas is being supported by tailored product offerings, specialty torque solutions and deeper customer engagement. By combining customer connection, innovation, technology investments and disciplined operational execution, Snap-on continues to advance along its runways for coherent growth, supported by resilient end markets and strategic investments, positioning it for sustained sales expansion, margin resilience and value creation. All such aforesaid factors are likely to bolster the quarterly results. Our model predicts net sales rise of 3.5%, 3% and 3% for C&I, Tools and RS&I segments, respectively, for the second quarter.

Despite such strengths, Snap-on faces several external challenges. Macroeconomic headwinds, geographic pressures in critical industries and geopolitical disruptions are likely to have weighed on the company’s performance. It battles persistent cost inflation from rising raw material and operational expenses, which poses a risk to profitability.

What the Zacks Model Predicts for SNAOur proven model doesn’t conclusively predict an earnings beat for Snap-on this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Snap-on has an Earnings ESP of 0.00% and a Zacks Rank of 3.

Valuation Picture of SNA StockSnap-on has a forward 12-month price-to-earnings ratio of 19.86x compared with its five-year high of 20.38x and the Tools - Handheld industry’s average of 19.65x.

The recent market movements show that SNA’s shares have gained 6.2% in the past three months compared with the industry's 5.3% growth.

Stocks Poised to Beat Earnings EstimatesHere are some companies, which according to our model, have the right combination of elements to post an earnings beat:

SharkNinja, Inc. (SN - Free Report) currently has an Earnings ESP of +1.29% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

SN is likely to register bottom and top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating a 13.5% increase from the figure reported in the year-ago quarter.

The consensus estimate for SN’s second-quarter earnings is pegged at $1.09 per share, implying 12.4% growth from the year-ago quarter’s actual. The consensus mark has dipped a penny in the past 30 days.

MGM Resorts International (MGM - Free Report) currently has an Earnings ESP of +0.08% and a Zacks Rank of 3. MGM is likely to register a top-line increase when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.5 billion, indicating a 1.5% rise from the figure reported in the year-ago quarter.

The consensus estimate for MGM Resorts’ second-quarter earnings is pegged at 60 cents a share, implying a 24.1% decrease from the year-earlier quarter. The consensus mark has been stable in the past 30 days.

Hasbro, Inc. (HAS - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank of 3. HAS is likely to register top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.1 billion, indicating 6.7% growth from the figure reported in the year-ago quarter.

The consensus estimate for HAS’ second-quarter earnings is pegged at $1.15 a share, implying an 11.5% decrease from the year-earlier quarter. The consensus mark has increased 1.8% in the past seven days.

Brampton, Ontario--(Newsfile Corp. - June 12, 2026) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") is pleased to announce that it is initiating a non-brokered private placement of an estimated 200,000,000 units in the capital of the Company ("Units") at a purchase price of $0.01 per Unit for total gross proceeds of $2,000,000. Each Unit consists of one common share in the capital of the Company and one warrant. Each of the warrants acquired entitles the holder to purchase one (1) additional common share of the Company at five ($0.05) cents per warrant exercised. The warrants are exercisable during the five (5) year period from the date of issue.

All securities issued in the Offering and any shares issued upon exercise of warrants are subject to a four-month statutory hold period from the date of issuance. The net proceeds of the private placement will be used for working capital for further development of the operations, sales and marketing efforts surrounding the Star-A.D.S.® system.

About Star Navigation:

Star Navigation Systems Group Ltd. manufactures the In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S.® System. The STAR-A.D.S.® System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMI Division (Military and Defence) designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

Forward-Looking Information

Certain statements in this news release may constitute "forward-looking statements". Forward-looking statements are statements that address or discuss activities, events or developments that Star expects or anticipates may occur in the future.

When used in this news release, words such as "estimates", "expects", "plans", "anticipates", "projects", "will", "believes", "intends" "should", "could", "may" and other similar terminology are intended to identify such forward-looking statements.

Forward-looking statements reflect the current expectations and beliefs of Star's management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Star or the industry may be materially different from those implied by such forward-looking statements.

Examples of such forward-looking information that may be contained in this news release include statements regarding; growth and future prospects of our business; our perceptions of the industry and markets in which we operate and anticipated trends in such markets; expectations regarding the operation of our app; and our future revenues.

Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, our ability to execute on our business plan, increase visibility amongst consumers and convert users to revenue producing subscribers and the success of the business of our partners.

Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.

Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Accordingly, readers should exercise caution in relying upon forward-looking statements and Star undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.

NEITHER CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301333

Source: Star Navigation Systems Group Ltd.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Sales of $1,207.2 million up 5.8% from Q1 2025, organic sales up 3.4%;

Gross margin of 50.4%, including 40 basis points of unfavorable currency effects, compares to 50.7% last year;

Tools segment sales up 5.0% from a year ago, organic sales up 3.4%

KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the first quarter of 2026.

Net sales of $1,207.2 million in the first quarter of 2026 represented an increase of $66.1 million, or 5.8%, from 2025 levels, reflecting a $39.2 million, or 3.4%, organic sales gain and $26.9 million of favorable foreign currency translation. Operating earnings before financial services for the quarter of $250.8 million compared to $243.1 million last year. As a percentage of net sales, operating earnings before financial services were 20.8% including 40 basis points of unfavorable foreign currency effects and compared to 21.3% in 2025. Financial services revenue in the quarter of $101.1 million compared to $102.1 million in 2025; financial services operating earnings of $68.0 million compared to $70.3 million last year. Consolidated operating earnings for the quarter of $318.8 million compared to $313.4 million in 2025. As a percentage of revenues (net sales plus financial services revenue), consolidated operating earnings were 24.4% in the first quarter compared to 25.2% last year. The first quarter effective income tax rate was 22.0% in 2026 and 22.2% in 2025. Net earnings in the quarter of $247.0 million, or $4.69 per diluted share, compared to net earnings of $240.5 million, or $4.51 per diluted share, a year ago. See “Non-GAAP Measures” below for a definition of, and further explanation about, organic sales.

“Our first quarter was encouraging, led by robust sales growth with customers in critical industries and improved activity in the U.S. Tools Group, both demonstrating our considerable momentum despite the ongoing and ever-evolving turbulence,” said Nick Pinchuk, Snap-on chairman and chief executive officer. “While meaningful headwinds persist, including broad uncertainty among our technician customer base in the U.S., international supply chain disruptions, and a number of global conflicts, we are confident in the strength, resilience, and criticality of our markets. In addition, we remain focused on wielding and building the power inherent in our products, in our brands, and in our people, continuing to invest in these corridors of advantage even in the midst of these increasingly difficult times. We believe our results show the diverse opportunities along our runways for growth both within automotive repair and with customers outside the garage. In that regard, we’ve maintained our actions to match the current preference of vehicle technicians for quick payback items and to extend our penetration of critical industries with effective customized solutions. At the same time, we’re leveraging our Snap-on Value Creation Processes to proceed through the challenges of today, driving improvements across the organization that we expect will author substantial and sustained gains as we move forward. As always, I want to thank our franchisees and associates worldwide for their notable contributions to our progress, for their unwavering dedication to our team, and for their steadfast belief in the significant potential of our future.”

Segment Results

Commercial & Industrial Group segment sales of $381.0 million in the quarter compared to $343.9 million last year, reflecting a $25.2 million, or 7.1%, organic sales gain and $11.9 million of favorable foreign currency translation. The organic increase includes higher sales in each of the segment’s operations, led by improved activity with customers in critical industries and in the specialty torque business.

Operating earnings of $54.9 million in the period compared to $53.2 million in 2025. The operating margin (operating earnings as a percentage of segment sales) of 14.4%, including 50 basis points of unfavorable currency effects, compared to 15.5% last year.

Snap-on Tools Group segment sales of $486.0 million in the quarter compared to $462.9 million last year, reflecting a $15.9 million, or 3.4%, organic sales increase and $7.2 million of favorable foreign currency translation. The organic gain is due to higher sales both in the U.S. and in the segment’s international operations.

Operating earnings of $105.0 million in the period compared to $92.4 million in 2025. The operating margin of 21.6% improved 160 basis points from 20.0% a year ago.

Repair Systems & Information Group segment sales of $485.3 million in the quarter compared to $475.9 million in 2025, primarily reflecting $9.1 million of favorable foreign currency translation. On an organic basis, increased sales of diagnostic and repair information products to independent repair shop owners and managers were offset by lower activity with OEM dealerships, while undercar equipment was essentially flat.

Operating earnings of $119.5 million in the period compared to $122.1 million in 2025. The operating margin of 24.6%, including 60 basis points of unfavorable currency effects, compared to 25.7% last year.

Financial Services operating earnings of $68.0 million on revenue of $101.1 million in the quarter compared to operating earnings of $70.3 million on revenue of $102.1 million last year. Originations of $264.6 million in the first quarter represented a decrease of $4.1 million, or 1.5%, from 2025 levels.

Corporate expenses in the first quarter of $28.6 million compared to $24.6 million last year.

Outlook

We believe that our markets and our operations possess and have demonstrated continuing and considerable resilience against the uncertainties of the current environment. Snap-on expects to make ongoing progress along its decisive runways for coherent growth, leveraging capabilities already proven in the automotive repair arena, developing and expanding its professional customer base, not only in automotive repair, but in adjacent markets, additional geographies and other areas, including extending in critical industries, where the cost and penalties for failure are high. In pursuit of these initiatives, we project that capital expenditures in 2026 will approximate $100 million, of which $21.2 million was incurred in the first three months of the year.

Snap-on currently anticipates that its full-year 2026 effective income tax rate will be in the range of 22% to 23%.

Conference Call and Webcast on April 23, 2026, at 9:00 a.m. Central Time

A discussion of this release will be webcast on Thursday, April 23, 2026, at 9:00 a.m. Central Time, and a replay will be available for at least 10 days following the call. To access the webcast, visit https://www.snapon.com/EN/Investors/Investor-Events and click on the link to the call. The slide presentation accompanying the call can be accessed under the Downloads tab in the webcast viewer, as well as on the Snap-on website at https://www.snapon.com/EN/Investors/Financial-Information/Quarterly-Earnings.

Non-GAAP Measures

References in this release to “organic sales” refer to sales from continuing operations calculated in accordance with generally accepted accounting principles in the United States (“GAAP”), adjusted to exclude acquisition-related sales and the impact of foreign currency translation. Management evaluates the company’s sales performance based on organic sales growth, which primarily reflects growth from the company’s existing businesses as a result of increased output, expanded customer base, geographic expansion, new product development and pricing changes, and excludes sales contributions from acquired operations the company did not own as of the comparable prior-year reporting period. Organic sales also exclude the effects of foreign currency translation as foreign currency translation is subject to volatility that can obscure underlying business trends. Management believes that the non-GAAP financial measure of organic sales is meaningful to investors as it provides them with useful information to aid in identifying underlying growth trends in the company’s businesses and facilitates comparisons of its sales performance with prior periods.

About Snap-on

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company’s network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of notable brands. The company also provides financing programs to facilitate the sales of its products and to support its franchise business. Snap-on, an S&P 500 company, generated sales of $4.7 billion in 2025, and is headquartered in Kenosha, Wisconsin.

Forward-looking Statements

Statements in this news release that are not historical facts, including statements that (i) are in the future tense; (ii) include the words “expects,” “anticipates,” “intends,” “approximates,” or similar words that reference Snap-on or its management; (iii) are specifically identified as forward-looking; or (iv) describe Snap-on’s or management’s future outlook, plans, estimates, objectives or goals, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Snap-on cautions the reader that this news release may contain statements, including earnings projections, that are forward-looking in nature and were developed by management in good faith and, accordingly, are subject to risks and uncertainties regarding Snap-on’s expected results that could cause (and in some cases have caused) actual results to differ materially from those described or contemplated in any forward-looking statement. Factors that may cause the company’s actual results to differ materially from those contained in the forward-looking statements include those found in the company’s reports filed with the Securities and Exchange Commission, including the information under the “Safe Harbor” and “Risk Factors” headings in its Annual Report on Form 10-K for the fiscal year ended January 3, 2026, which are incorporated herein by reference. Snap-on disclaims any responsibility to update any forward-looking statement provided in this news release, except as required by law.

SNAP-ON INCORPORATED

Condensed Consolidated Statements of Earnings

(Amounts in millions, except per share data)

(Unaudited)

Three Months Ended

April 4,

March 29,

2026

2025

Net sales

$

1,207.2

$

1,141.1

Cost of goods sold

(598.9

)

(562.6

)

Gross profit

608.3

578.5

Operating expenses

(357.5

)

(335.4

)

Operating earnings before financial services

250.8

243.1

Financial services revenue

101.1

102.1

Financial services expenses

(33.1

)

(31.8

)

Operating earnings from financial services

68.0

70.3

Operating earnings

318.8

313.4

Interest expense

(12.4

)

(12.4

)

Other income (expense) – net

16.8

14.4

Earnings before income taxes

323.2

315.4

Income tax expense

(69.7

)

(68.7

)

Net earnings

253.5

246.7

Net earnings attributable to noncontrolling interests

(6.5

)

(6.2

)

Net earnings attributable to Snap-on Incorporated

$

247.0

$

240.5

Net earnings per share attributable to Snap-on Incorporated:

Basic

$

4.76

$

4.59

Diluted

4.69

4.51

Weighted-average shares outstanding:

Basic

51.9

52.4

Effect of dilutive securities

0.8

0.9

Diluted

52.7

53.3

SNAP-ON INCORPORATED

Supplemental Segment Information

(Amounts in millions)

(Unaudited)

Three Months Ended

April 4,

March 29,

2026

2025

Net sales:

Commercial & Industrial Group

$

381.0

$

343.9

Snap-on Tools Group

486.0

462.9

Repair Systems & Information Group

485.3

475.9

Segment net sales

1,352.3

1,282.7

Intersegment eliminations

(145.1

)

(141.6

)

Total net sales

1,207.2

1,141.1

Financial Services revenue

101.1

102.1

Total revenues

$

1,308.3

$

1,243.2

Operating earnings:

Commercial & Industrial Group

$

54.9

$

53.2

Snap-on Tools Group

105.0

92.4

Repair Systems & Information Group

119.5

122.1

Financial Services

68.0

70.3

Segment operating earnings

347.4

338.0

Corporate

(28.6

)

(24.6

)

Operating earnings

318.8

313.4

Interest expense

(12.4

)

(12.4

)

Other income (expense) – net

16.8

14.4

Earnings before income taxes

$

323.2

$

315.4

SNAP-ON INCORPORATED

Condensed Consolidated Balance Sheets

(Amounts in millions)

(Unaudited)

April 4,

January 3,

2026

2026

Assets

Cash and cash equivalents

$

1,753.3

$

1,624.5

Trade and other accounts receivable – net

890.7

881.4

Finance receivables – net

598.2

590.2

Contract receivables – net

127.4

130.0

Inventories – net

1,020.5

1,025.2

Prepaid expenses and other current assets

157.6

151.5

Total current assets

4,547.7

4,402.8

Property and equipment – net

547.7

552.3

Operating lease right-of-use assets

89.9

83.7

Deferred income tax assets

74.3

72.5

Long-term finance receivables – net

1,273.3

1,298.8

Long-term contract receivables – net

417.6

423.1

Goodwill

1,102.1

1,109.5

Other intangible assets – net

267.2

270.7

Pension assets

173.3

173.8

Other long-term assets

23.3

25.1

Total assets

$

8,516.4

$

8,412.3

Liabilities and Equity

Notes payable and current maturities of long-term debt

$

316.2

$

16.2

Accounts payable

253.6

229.1

Accrued benefits

69.7

64.7

Accrued compensation

66.2

77.2

Franchisee deposits

64.4

66.2

Other accrued liabilities

519.0

465.1

Total current liabilities

1,289.1

918.5

Long-term debt

886.9

1,186.4

Deferred income tax liabilities

92.8

87.0

Retiree health care benefits

17.2

17.7

Pension liabilities

81.7

85.7

Operating lease liabilities

67.9

61.8

Other long-term liabilities

97.7

98.4

Total liabilities

2,533.3

2,455.5

Equity

Shareholders' equity attributable to Snap-on Incorporated

Common stock

67.5

67.5

Additional paid-in capital

575.1

578.5

Retained earnings

8,257.4

8,137.5

Accumulated other comprehensive loss

(375.9

)

(354.8

)

Treasury stock at cost

(2,566.0

)

(2,496.9

)

Total shareholders' equity attributable to Snap-on Incorporated

5,958.1

5,931.8

Noncontrolling interests

25.0

25.0

Total equity

5,983.1

5,956.8

Total liabilities and equity

$

8,516.4

$

8,412.3

SNAP-ON INCORPORATED

Condensed Consolidated Statements of Cash Flows

(Amounts in millions)

(Unaudited)

Three Months Ended

April 4,

March 29,

2026

2025

Operating activities:

Net earnings

$

253.5

$

246.7

Adjustments to reconcile net earnings to net cash provided (used) by operating activities:

Depreciation

19.7

18.3

Amortization of other intangible assets

5.3

5.7

Provisions for losses on finance receivables

18.3

18.2

Provisions for losses on non-finance receivables

5.1

5.8

Stock-based compensation expense

6.8

4.5

Deferred income tax provision

3.8

3.7

Loss on sales of assets

0.1

—

Changes in operating assets and liabilities, net of effects of the acquisition:

Trade and other accounts receivable

(17.1

)

(33.4

)

Contract receivables

6.5

2.9

Inventories

3.0

(3.0

)

Prepaid expenses and other assets

(7.9

)

(9.4

)

Accounts payable

29.4

18.5

Accrued and other liabilities

42.2

20.0

Net cash provided by operating activities

368.7

298.5

Investing activities:

Additions to finance receivables

(218.4

)

(218.9

)

Collections of finance receivables

215.9

210.7

Capital expenditures

(21.2

)

(22.9

)

Acquisition of business, net of cash acquired

(5.1

)

—

Disposals of property and equipment

0.4

0.1

Other

(0.2

)

(1.0

)

Net cash used by investing activities

(28.6

)

(32.0

)

Financing activities:

Net increase in other short-term borrowings

0.4

4.5

Cash dividends paid

(126.8

)

(112.2

)

Purchases of treasury stock

(99.9

)

(87.2

)

Proceeds from stock purchase plans and stock option exercises

30.6

18.3

Other

(15.4

)

(17.0

)

Net cash used by financing activities

(211.1

)

(193.6

)

Effect of exchange rate changes on cash and cash equivalents

(0.2

)

1.5

Increase in cash and cash equivalents

128.8

74.4

Cash and cash equivalents at beginning of year

1,624.5

1,360.5

Cash and cash equivalents at end of period

$

1,753.3

$

1,434.9

Supplemental cash flow disclosures:

Cash paid for interest

$

(13.8

)

$

(13.6

)

Net cash paid for income taxes

(19.4

)

(19.8

)

Non-GAAP Supplemental Data

The following non-GAAP supplemental data is presented for informational purposes to provide readers with insight into the information used by management for assessing the operating performance of Snap-on Incorporated's ("Snap-on") non-financial services ("Operations") and Financial Services businesses.

The supplemental Operations data reflects the results of operations and financial position of Snap-on's tools, diagnostics, equipment products, software, and other non-financial services operations with Financial Services presented on the equity method. The supplemental Financial Services data reflects the results of operations and financial position of Snap-on's U.S. and international financial services operations. The financing needs of Financial Services are met through intersegment borrowings and cash generated from Operations; Financial Services is charged interest expense on intersegment borrowings at market rates. Income taxes are charged to Financial Services on the basis of the specific tax attributes generated by the U.S. and international financial services businesses. Transactions between the Operations and Financial Services businesses are eliminated to arrive at the Condensed Consolidated Financial Statements.

SNAP-ON INCORPORATED

Non-GAAP Supplemental Consolidating Data - Supplemental Condensed Statements of Earnings

(Amounts in millions)

(Unaudited)

Operations*

Financial Services

Three Months Ended

Three Months Ended

April 4,

March 29,

April 4,

March 29,

2026

2025

2026

2025

Net sales

$

1,207.2

$

1,141.1

$

—

$

—

Cost of goods sold

(598.9

)

(562.6

)

—

—

Gross profit

608.3

578.5

—

—

Operating expenses

(357.5

)

(335.4

)

—

—

Operating earnings before financial services

250.8

243.1

—

—

Financial services revenue

—

—

101.1

102.1

Financial services expenses

—

—

(33.1

)

(31.8

)

Operating earnings from financial services

—

—

68.0

70.3

Operating earnings

250.8

243.1

68.0

70.3

Interest expense

(12.4

)

(12.4

)

—

—

Intersegment interest income (expense) – net

17.0

17.0

(17.0

)

(17.0

)

Other income (expense) – net

16.8

14.4

—

—

Earnings before income taxes and equity earnings

272.2

262.1

51.0

53.3

Income tax expense

(57.0

)

(55.4

)

(12.7

)

(13.3

)

Earnings before equity earnings

215.2

206.7

38.3

40.0

Financial services – net earnings attributable to Snap-on Incorporated

38.3

40.0

—

—

Net earnings

253.5

246.7

38.3

40.0

Net earnings attributable to noncontrolling interests

(6.5

)

(6.2

)

—

—

Net earnings attributable to Snap-on Incorporated

$

247.0

$

240.5

$

38.3

$

40.0

* Snap-on with Financial Services presented on the equity method.

SNAP-ON INCORPORATED

Non-GAAP Supplemental Consolidating Data - Supplemental Condensed Balance Sheets

(Amounts in millions)

(Unaudited)

Operations*

Financial Services

April 4,

January 3,

April 4,

January 3,

2026

2026

2026

2026

Assets

Cash and cash equivalents

$

1,752.8

$

1,624.1

$

0.5

$

0.4

Intersegment receivables

15.5

20.3

—

—

Trade and other accounts receivable – net

889.1

880.2

1.6

1.2

Finance receivables – net

—

—

598.2

590.2

Contract receivables – net

4.9

4.9

122.5

125.1

Inventories – net

1,020.5

1,025.2

—

—

Prepaid expenses and other current assets

159.2

154.7

12.8

11.2

Total current assets

3,842.0

3,709.4

735.6

728.1

Property and equipment – net

545.1

549.8

2.6

2.5

Operating lease right-of-use assets

84.8

78.4

5.1

5.3

Investment in Financial Services

396.1

400.3

—

—

Deferred income tax assets

47.2

45.4

27.1

27.1

Intersegment long-term notes receivable

794.0

815.0

—

—

Long-term finance receivables – net

—

—

1,273.3

1,298.8

Long-term contract receivables – net

7.1

8.0

410.5

415.1

Goodwill

1,102.1

1,109.5

—

—

Other intangible assets – net

267.2

270.7

—

—

Pension assets

173.3

173.8

—

—

Other long-term assets

42.4

44.1

0.3

0.3

Total assets

$

7,301.3

$

7,204.4

$

2,454.5

$

2,477.2

Liabilities and Equity

Notes payable and current maturities of long-term debt

$

16.5

$

16.2

$

299.7

$

—

Accounts payable

252.0

227.6

1.6

1.5

Intersegment payables

—

—

15.5

20.3

Accrued benefits

69.7

64.6

—

0.1

Accrued compensation

64.1

74.2

2.1

3.0

Franchisee deposits

64.4

66.2

—

—

Other accrued liabilities

501.2

455.1

32.2

24.4

Total current liabilities

967.9

903.9

351.1

49.3

Long-term debt and intersegment long-term debt

—

—

1,680.9

2,001.4

Deferred income tax liabilities

92.8

87.0

—

—

Retiree health care benefits

17.2

17.7

—

—

Pension liabilities

81.7

85.7

—

—

Operating lease liabilities

62.4

56.3

5.5

5.5

Other long-term liabilities

96.2

97.0

20.9

20.7

Total liabilities

1,318.2

1,247.6

2,058.4

2,076.9

Total shareholders’ equity attributable to Snap-on Incorporated

5,958.1

5,931.8

396.1

400.3

Noncontrolling interests

25.0

25.0

—

—

Total equity

5,983.1

5,956.8

396.1

400.3

Total liabilities and equity

$

7,301.3

$

7,204.4

$

2,454.5

$

2,477.2

* Snap-on with Financial Services presented on the equity method.

For the quarter ended March 2026, Snap-On (SNA - Free Report) reported revenue of $1.21 billion, up 5.8% over the same period last year. EPS came in at $4.69, compared to $4.51 in the year-ago quarter.

The reported revenue represents a surprise of +2.53% over the Zacks Consensus Estimate of $1.18 billion. With the consensus EPS estimate being $4.68, the EPS surprise was +0.26%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Snap-On performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Financial Services Revenue: $101.1 million versus the three-analyst average estimate of $103.17 million. The reported number represents a year-over-year change of -1%.Net Sales- Intersegment eliminations: $-145.1 million versus $-145.28 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.Net Sales- Repair Systems & Information Group: $485.3 million versus the three-analyst average estimate of $489.33 million. The reported number represents a year-over-year change of +2%.Net Sales- Snap-on Tools Group: $486 million compared to the $473.86 million average estimate based on three analysts. The reported number represents a change of +5% year over year.Net Sales- Commercial & Industrial Group: $381 million versus $360.45 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.8% change.Operating earnings / (losses)- Financial services: $68 million versus the three-analyst average estimate of $70.59 million.Operating earnings / (losses)- Commercial & Industrial Group: $54.9 million versus the two-analyst average estimate of $55.52 million.Operating earnings / (losses)- Corporate: $-28.6 million compared to the $-28.08 million average estimate based on two analysts.Operating earnings / (losses)- Snap-on Tools Group: $105 million versus the two-analyst average estimate of $102.43 million.Operating earnings / (losses)- Repair Systems & Information Group: $119.5 million compared to the $126.7 million average estimate based on two analysts.View all Key Company Metrics for Snap-On here>>>

Shares of Snap-On have returned +4% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Snap-on Incorporated (SNA) Q1 2026 Earnings Call Transcript

Have you evaluated the performance of Snap-On's (SNA - Free Report) international operations during the quarter that concluded in March 2026? Considering the extensive worldwide presence of this tool and diagnostic equipment maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.

In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.

Being present in international markets serves as a counterbalance to domestic economic challenges while offering chances to engage with more rapidly evolving economies. However, this kind of diversification introduces challenges like currency fluctuations, geopolitical uncertainties and varying market trends.

While delving into SNA's performance for the past quarter, we observed some fascinating trends in the revenue from its foreign segments that are commonly modeled and observed by analysts on Wall Street.

The company's total revenue for the quarter amounted to $1.21 billion, showing rise of 5.8%. We will now explore the breakdown of SNA's overseas revenue to assess the impact of its international operations.

Exploring SNA's International Revenue PatternsOther International accounted for 10.1% of the company's total revenue during the quarter, translating to $122.1 million. Revenues from this region represented a surprise of +5.72%, with Wall Street analysts collectively expecting $115.49 million. When compared to the preceding quarter and the same quarter in the previous year, Other International contributed $120.7 million (9.8%) and $109.8 million (9.6%) to the total revenue, respectively.

Europe generated $215.2 million in revenues for the company in the last quarter, constituting 17.8% of the total. This represented a surprise of +15.77% compared to the $185.88 million projected by Wall Street analysts. Comparatively, in the previous quarter, Europe accounted for $203.7 million (16.5%), and in the year-ago quarter, it contributed $177.9 million (15.6%) to the total revenue.

Projected Revenues in Foreign MarketsThe current fiscal quarter's total revenue for Snap-On, as projected by Wall Street analysts, is expected to reach $1.22 billion, reflecting an increase of 3.5% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: Other International is anticipated to contribute 9.8% or $119.89 million, and Europe 15.8% or $192.64 million.

For the full year, the company is expected to generate $4.89 billion in total revenue, up 3.1% from the previous year. Revenues from Other International and Europe are expected to constitute 9.8% ($480.67 million), and 15.8% ($774.93 million) of the total, respectively.

Key TakeawaysThe dependency of Snap-On on global markets for its revenues presents a mix of potential gains and hazards. Thus, monitoring the trends in its overseas revenues can be a key indicator for predicting the firm's future performance.

In an environment where global interconnections and geopolitical skirmishes are intensifying, Wall Street analysts keep a keen eye on these trends, particularly for firms with overseas operations, to adjust their earnings predictions. Moreover, a range of other aspects, including how a company fares in its home country, significantly affects these projections.

At Zacks, we place significant importance on a company's evolving earnings outlook. This is based on empirical evidence demonstrating its strong influence on a stock's short-term price movements. Invariably, there exists a positive relationship -- an upward revision in earnings estimates is typically mirrored by a rise in the stock price.

Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.

At present, Snap-On holds a Zacks Rank #4 (Sell). This ranking implies that its near-term performance might underperform the overall market movement. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Exploring Recent Trends in Stock PriceThe stock has increased by 5.4% over the past month compared to the 9.3% increase of the Zacks S&P 500 composite. Meanwhile, the Zacks Consumer Discretionary sector, which includes Snap-On,has increased 2.6% during this time frame. Over the past three months, the company's shares have experienced a gain of 3.4% relative to the S&P 500's 3.9% increase. Throughout this period, the sector overall has witnessed a 4.2% decrease.