Snap-On (SNA) Misses Q1 EPS by 10c, Revenues Miss

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Go back to Snap-On (SNA) Misses Q1 EPS by 10c, Revenues Miss

Snap-on Announces First Quarter 2020 Results

April 21, 2020 6:30 AM EDT

Diluted EPS of $2.49 for the first quarter of 2020;
Excluding restructuring charges, diluted EPS of $2.60, as adjusted
Global economic uncertainty causes lower year-over-year sales and earnings  

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 2020.

Net sales of $852.2 million in the first quarter of 2020 compared to $921.7 million in 2019, reflecting a $62.7 million, or... More