8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Snap-on reports lower third-quarter sales and EPS amid mixed segment results
Filed with the SEC on · Summarized by InvestorsBot
Snap-on reported third-quarter 2026 net sales of $1.184 billion and diluted EPS of $4.64 for the period ended October 3, down from $1.191 billion and $5.02 a year earlier. The Tools Group’s sales fell 7.0% organically as rising diesel prices led franchisees to reduce inventories, while Commercial & Industrial sales rose 7.4% organically; Snap-on projects about $100 million in 2026 capital expenditures and a full-year effective tax rate of approximately 22%.