Snap-On Inc Stock Price, News & Analysis

Snap-on Incorporated (NYSE: SNA) has declared a quarterly dividend of $1.42 per share, payable on June 10, 2022, to shareholders of record on May 20, 2022. This marks a continuation of Snap-on's commitment to returning value to shareholders, as the company has paid uninterrupted cash dividends since 1939. As a leading global manufacturer in tools and systems solutions, Snap-on reported a revenue of $4.25 billion and services various industries including automotive, aviation, and agriculture.

Snap-on reported Q1 2022 sales of $1,097.8 million, a 7.1% increase from 2021, driven by an 8.0% organic sales gain. Operating margin improved by 70 basis points to 20.3%. Diluted EPS rose 14.3% to $4.00. Financial services revenue decreased slightly to $87.7 million, with operating earnings at $70.4 million. The company expects capital expenditures of $90-$100 million in 2022 and predicts ongoing growth despite macroeconomic challenges. A conference call is scheduled for April 21, 2022.

Snap-on Incorporated (NYSE: SNA) will host a live webcast of its 2022 Annual Meeting of Shareholders on April 28, 2022, starting at 10:00 a.m. Central. To join the event, visit Snap-on's investor events page. An archived version will be accessible for at least 90 days on the company’s website.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap-on is a leading innovator and manufacturer in the tools and equipment sector, with a revenue of $4.25 billion.

Snap-on Incorporated (NYSE: SNA) will announce its 2022 first quarter results on April 21, 2022, before market opening. A conference call is scheduled for 10:00 a.m. ET to discuss the results, which will be available via live webcast on Snap-on's website. Interested parties can access the webcast at this link. An archived version of the call will be accessible for one week afterward. Snap-on specializes in tools and diagnostic solutions across multiple industries.

Snap-on Incorporated (NYSE: SNA) is set to present at the BofA Securities 2022 Consumer and Retail Technology Conference on March 9, 2022, at 11:20 AM ET. Investors can access the live audio webcast through the provided link or via the Investor Events page on Snap-on's website. An archived replay will also be available post-event. Founded in 1920, Snap-on is a global leader in manufacturing tools and solutions for professional industries, generating approximately $4.25 billion in revenue and headquartered in Kenosha, Wisconsin.

Snap-on Incorporated (NYSE: SNA) announced a quarterly dividend of $1.42 per share, payable on March 10, 2022, for shareholders recorded on February 23, 2022. The company has consistently paid dividends without interruption since 1939. Snap-on is a leading manufacturer and marketer of tools and diagnostics, with a revenue of $4.25 billion, serving various industries globally. Its diverse product offerings and strong market presence position it well for future growth.

Snap-on reported strong fourth quarter results for 2021, achieving net sales of $1,108.3 million, representing a 3.2% increase from 2020. Operating earnings before financial services rose to $232.2 million with a margin of 21.0%, an improvement from 20.1% in the previous year. Diluted EPS reached $4.10, up 7.3% year-over-year. Full year net sales totaled $4,252.0 million, and net earnings rose to $820.5 million, or $14.92 per diluted share. Despite challenges from COVID-19 and supply chain issues, Snap-on sees continued growth prospects in 2022.

Snap-on Incorporated (NYSE: SNA) will announce its fourth quarter and full year results for 2021 on February 3, 2022, before the market opens. A conference call discussing the results is scheduled for 10:00 a.m. ET on the same day, with a live webcast available online. The results and accompanying slides will be accessible on Snap-on's website and the webcast viewer. An archived replay will be available for at least a week post-call. Founded in 1920, Snap-on is a $3.6 billion company, recognized for its tools and solutions across various sectors.

Snap-on Incorporated (NYSE: SNA) has announced a quarterly dividend of $1.42 per share, effective December 10, 2021, marking a 15.4% increase from $1.23. Additionally, the Board of Directors has authorized a new share repurchase program of $500 million, replacing the previous program. This brings total share repurchase capacity to approximately $503 million. Snap-on reaffirms its commitment to shareholder value through consistent dividend payments since 1939 and robust financial performance.