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
Jul 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.

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