Snap-On (SNA) Tops Q1 EPS by 5c
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Snap-on Announces First Quarter 2015 Results
April 23, 2015 7:00 AM EDT
Organic sales up 9.9%;
Operating earnings
before financial services of 16.7% of sales improves 120 basis points;
Diluted
EPS of $1.87 increases 15.4%
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 2015.
Sales of $827.8 million increased $40.3 million, or 5.1%, from 2014 levels; excluding $38.5 million of unfavorable foreign currency translation and $4.9 million of acquisition-related sales, organic sales increased 9.9%.... More