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Thursday, October 22, 2026

Snap-On GAAP EPS of $4.64 misses by $0.29, revenue of $1.18B misses by $60M

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  • Snap-On press release (SNA): Q3 GAAP EPS of $4.64 misses by $0.29.
  • Revenue of $1.18B (-0.8% Y/Y) misses by $60M.
  • Net sales of $1,183.7 million in the third quarter of 2026 represented a decrease of $7.1 million, or 0.6%, from 2025 levels, reflecting a $33.1 million, or 2.8%, organic sales decline, partially offset by $25.6 million of acquisition-related sales and $0.4 million of favorable foreign currency translation.
  • Snap-on currently anticipates that its full-year 2026 effective income tax rate will approximate 22%.capital expenditures in 2026 will approximate $100 million, of which $69.0 million was incurred in the first nine months of the year.

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