SNA
FY2026 Q1 · Calendar Q2 2026
Snap-on Incorporated
Snap-on delivered record first-quarter sales of $1.207 billion, up 5.8% year-over-year, with the Commercial & Industrial segment surging 10.8% on critical-industry demand from aviation, heavy-duty, and data-center applications. Despite tariff and currency headwinds, the Tools segment expanded operating margin by 160 basis points to 21.6%. EPS of $4.69 came in 1.3% below the $4.75 consensus, while revenue exceeded estimates by 2.5%. Management expressed confidence in market durability while acknowledging ongoing macro uncertainty. The stock initially rose on the results but drifted approximately 7.3% lower in subsequent weeks.
EPS surprise-1.3%
Market move+2.2%