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24.04.25 - 22:36
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Snap-on Incorporated Declares Quarterly Dividend (Business Wire)
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KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $2.14 per share payable June 10, 2025, to shareholders of record at the close of business on May 20, 2025. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks including those working in vehicle repair, aerospace, the military, natural resources, and manufacturing. From its founding in 1920, Snap-on has been recognized as the mark of the serious and the outward sign of the pride and dignity working men and women take in their professions. Products and services are sold through the company's network of widely recognized franchisee vans, as well as through direct and distributor channels, under a variety of ...
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17.04.25 - 12:33
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Snap-on Announces First Quarter 2025 Results (Business Wire)
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Sales of $1,141.1 million and diluted EPS of $4.51 for the first quarter of 2025;
Mixed sales results amidst heightened economic uncertainty;
Gross margin of 50.7% improves 20 basis points over last year's level
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 2025.
Net sales of $1,141.1 million in the first quarter of 2025 represented a decrease of $41.2 million, or 3.5%, from 2024 levels, reflecting a $27.3 million, or 2.3%, organic decline and $13.9 million of unfavorable foreign currency translation.
Operating earnings before financial services for the quarter of $243.1 million, or 21.3% of net sales, compared to $270.9 million, or 22.9% of net sales, last year, which included a benefit of $11.3 million, or 90 basis points, for payments received asso...
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08.04.25 - 19:42
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Stock Rally Sputters | Bloomberg Open Interest 04/08/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." After a wild 24 hours in markets... another volatile trading day Goldman warns of a bear market while billionaire Ken Griffin calls Trump's tariffs a "huge policy mistake." Snap-on CEO Nick Pinchuk joined the C-Suite fresh off his trip from Asia where he spoke to suppliers about Trump's tariff strategy. And a White House feud between Trump's trade adviser Peter Navarro and Elon Musk heats up in a war of words. (Source: Bloomberg)...
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08.04.25 - 17:42
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Analyzing the China Tariff Payoff (Bloomberg)
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China says it is not backing down from a tariff war with the United States. Tools giant Snap-On CEO Nick Pinchuk just returned from a trip to Asia. He joined Bloomberg Open Interest with his insights into the manufacturing picture overseas. (Source: Bloomberg)...
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