Snap-On (SNA) Tops Q4 EPS by 6c

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Snap-on Announces Fourth Quarter and Full Year 2016 Results

February 2, 2017 6:30 AM EST

Diluted EPS of $2.47 for the quarter increases 11.3%;

Operating earnings before financial services of 19.8% of sales in the quarter up 70 basis points;

Fourth quarter sales up 4.5%; Organic sales up 3.6%

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 2016 operating results for the fourth quarter and full year.

Sales of $889.8 million in the quarter increased $38.1 million, or... More