Snap-On (SNA) Tops Q2 EPS by 33c

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Snap-on Announces Second Quarter 2022 Results

July 21, 2022 6:30 AM EDT

Sales of $1,136.6 million up 5.1% from Q2 2021, organic sales up 8.4%;

Operating margin before financial services of 21.7% improves 160 basis points;

Diluted EPS of $4.27 increases 13.6% from Q2 2021

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 2022.

Net sales of $1,136.6 million in the second quarter of 2022 increased $55.2 million, or 5.1%, from 2021 levels,... More