Snap-On (SNA) Tops Q3 EPS by 4c
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Snap-on Announces Third Quarter 2015 Results
October 22, 2015 6:45 AM EDT
Organic sales up 7.3%;
Operating earnings
before financial services of 17.5% of sales improves 130 basis points;
Diluted
EPS of $1.98 increases 12.5%
KENOSHA, Wis.--(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 operating results for the third quarter of 2015.
Sales of $821.5 million increased $15.2 million, or 1.9%, from 2014 levels; excluding $42.6 million of unfavorable foreign currency translation and $2.1 million of acquisition-related sales, organic sales increased $55.7 million or 7.3%.... More