The 2020 Mid-Year Economic Update_long

Snap-On Sales Up 5.5%

First-quarter sales hit $935.5 million.

Snap-on Inc.  (NYSE: SNA), Kenosha, WI, reported first-quarter sales of $935.5 million, up 5.5 percent compared to the same period in 2017. First-quarter profit was $163 million.

Commercial and industrial group segment sales increased 11 percent to $331.6 million; Snap-On Tools group segment sales fell 1.1 percent to $404.7 million; and repair system and information group segment sales rose 5.7 percent to $337 million.

 

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