Welcome to our dedicated page for Snap-On news (Ticker: SNA), a resource for investors and traders seeking the latest updates and insights on Snap-On stock.
Snap-on Incorporated (NYSE: SNA) is an S&P 500 company that describes itself as a global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. These users include technicians in vehicle repair, as well as professionals in aerospace, the military, natural resources, and manufacturing. Snap-on is headquartered in Kenosha, Wisconsin and traces its history back to its founding in 1920.
The Snap-on news feed on this page focuses on company announcements that matter to investors and industry followers. Typical items include quarterly and annual financial results, updates on segment performance across tools, repair systems and information, and financial services, as well as information about dividend declarations and changes to the quarterly dividend. Snap-on also regularly issues news about investor conference presentations and webcasts related to its earnings releases.
Because Snap-on highlights its role in serving professional users and critical industries, its news often discusses trends in vehicle repair activity, demand from OEM dealerships and independent repair shop owners and managers, and developments in critical industry markets. The company’s communications also describe its financing programs that support product sales and its franchise business.
Investors and observers can use this news page to follow Snap-on’s reported sales trends, earnings releases, dividend history, and scheduled investor events, all based on the company’s own public announcements.
Snap-on Incorporated (NYSE: SNA) will announce its 2022 third quarter results before the market opens on October 20, 2022. The company will host a conference call at 10:00 a.m. ET to discuss these results, which will be available via a live webcast on their website. Snap-on, a leader in tools and diagnostics, reported sales of $4.25 billion in 2021. The conference call can be accessed online, and a replay will be available for a week following the call.
Snap-on Incorporated (NYSE: SNA) announced a quarterly dividend of $1.42 per share, payable on September 9, 2022, to shareholders on record as of August 19, 2022. The company has maintained uninterrupted cash dividends since 1939. In 2021, Snap-on generated sales of $4.25 billion, establishing itself as a leader in tools and equipment for professional users across various industries including automotive and aerospace.
Snap-on reported Q2 2022 net sales of $1,136.6 million, marking a 5.1% increase from Q2 2021, driven by an 8.4% organic sales gain. Operating margin improved to 21.7%, up 160 basis points. Diluted EPS rose to $4.27, a 13.6% increase. The Commercial & Industrial Group and Snap-on Tools segments experienced organic sales growth of 7.6% and 9.3% respectively. Despite challenges from COVID-19 and currency fluctuations, Snap-on anticipates ongoing growth in various markets and has set capital expenditures in a range of $90 million to $100 million for the year.
Snap-on Incorporated (NYSE: SNA) will release its Q2 2022 and six-month financial results on July 21, 2022, before market opening. A conference call to discuss these results is scheduled for 10:00 a.m. ET on the same day, with the audio and slides available via live webcast. As a leading global innovator in tools and diagnostics, Snap-on generated $4.25 billion in sales in 2021. For more details, stakeholders can access the company’s investor page.
Snap-on (NYSE: SNA) will present at the Oppenheimer 17th Annual Industrial Growth Conference on Tuesday, May 3, 2022, at 12:00 PM Eastern Time. Investors can access the live webcast via this link or through the Investor Events page on the Snap-on website. A replay will be available for 90 days after the event. Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap-on is a global leader in manufacturing tools and systems solutions with a revenue of $4.25 billion.
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
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.
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