Snap-On (SNA) Reports Q3 EPS of $2.45

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Snap-on Announces Third Quarter 2017 Results

October 19, 2017 6:30 AM EDT

Reported net sales up 8.4%; Organic net sales up 2.3%;

Diluted EPS of $2.29 including $0.16 legal charge up 3.2%;

Excluding legal charge, adjusted diluted EPS of $2.45 up 10.4%

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 third quarter of 2017.

Net sales of $903.8 million increased $69.7 million, or 8.4%, from 2016 levels, reflecting a $19.5 million, or 2.3%, organic sales gain, $44.3 million of... More