Snap-On (SNA) Tops Q3 EPS by $1.12

Go back to Snap-On (SNA) Tops Q3 EPS by $1.12

Snap-on Announces Third Quarter 2020 Results

October 22, 2020 6:30 AM EDT

Diluted EPS of $3.28 increases 10.8%;

Operating margin before financial services of 19.7% improves 110 basis points;

Reported net sales up 4.4%; Organic net sales up 3.8%

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 2020.

Net sales of $941.6 million in the third quarter of 2020 increased $39.8 million, or 4.4% from 2019 levels, reflecting a $34.6... More