Snap-On (SNA) Reports Q2 EPS of $2.60, Offers Outlook

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Go back to Snap-On (SNA) Reports Q2 EPS of $2.60, Offers Outlook

Snap-on Announces Second Quarter 2017 Results

July 20, 2017 6:30 AM EDT

Diluted EPS of $2.60 increases 10.2%;

Operating earnings before financial services of 19.9% of sales up 80 basis points;

Reported net sales up 5.6%; Organic net sales up 2.7%

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 second quarter of 2017.

Net sales of $921.4 million increased $49.1 million, or 5.6%, from 2016 levels, reflecting a $23.2 million, or 2.7%, organic sales gain... More