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Stock impact report

Snap-on Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Snap-On Incorporated (SNA) 
Last snap-on incorporated earnings: 4/21 06:30 am Check Earnings Report
US:NYSE Investor Relations: snapon.com/en/investors/investor-events
Company Research Source: Yahoo! Finance
KENOSHA, Wis., February 08, 2024 BUSINESS WIRE )--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced 2023 operating results for the fourth quarter and full year. Net sales of $1,196.6 million in the fourth quarter of 2023 represented an increase of $40.7 million, or 3.5%, from 2022 levels, reflecting a $26.1 million, or 2.2%, organic gain, $5.5 million of acquisition-related sales, and $9.1 million of favorable foreign currency translation. Operating earnings before financial services for the quarter of $257.9 million compared to $248.0 million in 2022. As a percentage of net sales, operating earnings before financial services were 21.6% in the fourth quarter compared to 21.5% last year. Financial services revenue in the quarter of $97.2 million compared to $88.3 million in 2022; financial services oper Show less Read more
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