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You are here: Home / News / Snap-On Reports Sales Up Over 3% in Second Quarter

Snap-On Reports Sales Up Over 3% in Second Quarter

July 20, 2018 By CollisionWeek Editor

Snap-on Incorporated (NYSE:SNA) reported second quarter net sales of $954.6 million, an increase of $33.2 million, or 3.6 percent, from 2017 levels, reflecting a $12.1 million, or 1.3 percent, organic sales gain, $8.1 million of acquisition-related sales, and $13.0 million of favorable foreign currency translation.

Snap-On logoOperating earnings before financial services of were $193.1 million or 20.2 percent of sales as compared to $183.7 million, or 19.9 percent of sales, last year.

Net earnings were $178.7 million, or $3.12 per diluted share, compared to net earnings of $153.2 million, or $2.60 per diluted share a year ago. Excluding the impact of

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Filed Under: News Tagged With: Earnings, Snap-On

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