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0.000894421048708714 0.000388700480751401 0.000596280699139213 0.0025524540677525 -0.00197517981589823 -0.00115529385458205 -0.00436030261245466 -0.00857153505012468
Stock impact report

Snap-on falls to 3-month low as U.S. tools sales decline [Seeking Alpha]

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: Seeking Alpha
Its Snap-on Tools Group, the biggest unit by revenue, experienced a 5.7% decline in organic sales that don't include the effects of acquisitions and foreign-currency moves to $513.3 million. Slower sales in the United States offset gains elsewhere, the company said. Net earnings grew to $255.3 million, or $4.75 a share, in the fourth quarter from $238.9 million, or $4.42 per diluted share, a year earlier. Wall Street analysts on average had forecast earnings of $4.66 a share. Sales grew 3.5% from a year earlier to $1.2 billion for the three-month period ended in December, in line with the consensus estimate. Organic sales advanced by 2.2%. Its Commercial and Industrial Group, Repair Systems and Information Group and Financial Services segments all posted gains. “While this quarter exhibited variability in some operations, we are confident in believing that the resilience of our markets, the substantial strength of our enterprise, and the considerable capabilities of our exper Show less Read more
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