FMP
Feb 05, 2026
Snap-on Incorporated (NYSE: SNA) reported fourth-quarter earnings that slightly exceeded analyst expectations, while revenue fell short of forecasts.
The tool manufacturer posted earnings of $4.94 per share, narrowly above the consensus estimate of $4.93. Revenue totaled $1.23 billion, below the expected $1.24 billion, though it represented a 2.8% increase from the prior year. Organic sales growth was 1.4%.
The Commercial & Industrial Group delivered the strongest performance, posting 2.8% organic sales growth driven by demand from critical industries and increased power-tool activity. In contrast, the Snap-on Tools Group recorded a 0.7% organic sales decline, as lower U.S. activity was partially offset by international growth.
Consolidated operating earnings reached $339.6 million, representing 25.3% of revenue, compared with $331.9 million, or 25.5% of revenue, in the same quarter last year.
For 2026, Snap-on said it expects continued progress in its growth initiatives, particularly within automotive repair and adjacent markets. The company projected capital expenditures of approximately $100 million and an effective tax rate between 22% and 23%.
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