Snap-on Inc ( (SNA) ) has released its Q3 earnings. Here is a breakdown of the information Snap-on Inc presented to its investors.
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Snap-on Incorporated is a global leader in the manufacturing and marketing of tools, equipment, diagnostics, and systems solutions for professional users across various critical industries, including automotive repair, aerospace, and manufacturing.
In its third-quarter 2025 earnings report, Snap-on Inc. reported a 3.8% increase in net sales, reaching $1,190.8 million, with organic sales contributing a 3.0% rise. The company also highlighted a resilient gross margin of 50.9% and a diluted EPS of $5.02, boosted by a legal settlement.
Key financial metrics revealed that Snap-on’s operating earnings before financial services increased to $278.5 million, up from $252.4 million the previous year. The company’s consolidated operating earnings also saw an uptick, reaching $347.4 million. However, financial services operating earnings slightly decreased to $68.9 million compared to $71.7 million in 2024.
Looking ahead, Snap-on’s management remains optimistic about the company’s growth prospects, emphasizing its strategic strengths and diverse opportunities in the automotive repair sector and beyond. The company plans to continue leveraging its capabilities to expand its professional customer base and penetrate critical industries, projecting capital expenditures of approximately $100 million for the year.