Snap-On (SNA) Tops Q1 EPS by 46c, Beats on Revenue

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Go back to Snap-On (SNA) Tops Q1 EPS by 46c, Beats on Revenue

Snap-on Announces First Quarter 2023 Results

April 20, 2023 6:30 AM EDT

Sales of $1,183.0 million up 7.8% from Q1 2022, organic sales up 10.2%;

Operating margin before financial services of 22.0% improves 170 basis points;

Diluted EPS of $4.60 increases 15.0% from Q1 2022

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 2023.

Net sales of $1,183.0 million in the first quarter of 2023 represented an increase of $85.2 million, or... More