Snap-On (SNA) Tops Q1 EPS by 3c
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Snap-on Announces First Quarter 2017 Results
April 20, 2017 6:30 AM EDTDiluted EPS of $2.39 increases 10.6%;
Operating earnings before financial services of 19.1% of sales up 50 basis points;
Reported net sales up 6.3%; Organic net sales up 4.1%
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 2017.
Net sales of $887.1 million increased $52.9 million, or 6.3%, from 2016 levels, reflecting a $33.4 million, or 4.1%, organic sales gain... More