Need Help? (888) 742-5060

In The News:

Snap-on Sales Down Slightly in 2Q

Snap-on Inc. (NYSE: SNA), Kenosha, Wisconsin, reported sales for the second quarter of $951.3 million, a decrease of 0.3% from the prior year. Organic sales increased 1.6%. Profit increased 1% to $189.4 million.

Commercial and industrial group segment sales of $335 million in the quarter decreased 0.8% from 2018. Snap-on tools group segment sales of $405.8 million declined 1.5%, and repair systems and information group segment sales of $348.9 million increased 1.7% from 2018.

For the first six months, sales were $1.9 billion, down 0.9% over the prior-year period. Profit increased 4.9% to $358.3 million.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center