Snap-on Inc. Reports Steady Q2 2025 Net Sales at $1.179 Billion, Despite 0.7% Organic Decline; Operating Earnings Before Financial Services Down to $259.1 Million

Reuters
07/17
Snap-on Inc. Reports Steady <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Sales at $1.179 Billion, Despite 0.7% Organic Decline; Operating Earnings Before Financial Services Down to $259.1 Million

Snap-on Incorporated $(SNA)$ reported its operating results for the second quarter of 2025, noting net sales of $1,179.4 million, unchanged from the previous year's levels. This stability in sales reflects an organic decline of $8.6 million, or 0.7%, which was offset by favorable foreign currency translation of the same amount. The company's operating earnings before financial services were $259.1 million, representing 22.0% of net sales, compared to $280.3 million, or 23.8% of net sales, in the same quarter last year. The previous year's results included a $11.2 million benefit from the final payments associated with a legal matter. The Snap-on Tools Group segment saw a sales increase to $491.0 million, up from $482.0 million in the prior year, driven by a $7.8 million, or 1.6%, organic sales gain and $1.2 million from favorable foreign currency translation. The organic growth was due to higher sales in the U.S., while international operations remained flat. The segment's operating earnings were $116.7 million, with an unchanged operating margin of 23.8%. Meanwhile, the Repair Systems & Information Group segment reported sales of $468.6 million, up from $454.8 million last year. This included a $10.7 million, or 2.3%, organic sales increase and $3.1 million from favorable foreign currency translation. The growth was attributed to increased activity with OEM dealerships and higher sales of diagnostic and repair information products, despite a decline in undercar equipment volumes. The company's leadership emphasized the solid operating earnings and resilient gross margins achieved amidst ongoing market uncertainties and trade challenges. Snap-on continues to focus on product development and strategic actions to align with customer preferences and strengthen its market position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snap On Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717647628) on July 17, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10