Financial Data and Key Metrics Changes - Reported sales for Q1 2021 were $1.246 billion, up 20.2% year-over-year, with organic sales growth of 16.3% [8][41] - Operating income was $200.9 million, a 44.6% increase from 2020, with an operating margin of 19.6%, up from 16.3% last year [10][43] - EPS for Q1 2021 was $3.50, a 40.6% increase from $2.40 in 2020 [10][46] Business Line Data and Key Metrics Changes - **C&I Group**: Sales increased 15.3% to $345.7 million, with a 9.5% organic sales gain [48] - **Tools Group**: Sales rose 27.2% to $478.3 million, reflecting a 25% organic sales gain [53] - **RS&I Group**: Sales were $347.6 million, up 7.6% with organic sales growth [55] Market Data and Key Metrics Changes - Auto repair market remains resilient, with technicians adapting to the pandemic environment and showing robust activity [12] - Critical industries showed improvement despite challenges, with growth in aviation and education sectors [15] - European operations in C&I experienced double-digit growth across various countries [15] Company Strategy and Development Direction - The company is focused on expanding its product line and enhancing its franchise network to capture growth opportunities [16] - Emphasis on innovation and new product development, particularly in response to evolving vehicle technologies [22][84] - Strategic acquisitions, such as Dealer-FX, are aimed at enhancing market presence and service capabilities [80] Management's Comments on Operating Environment and Future Outlook - Management believes the company is stronger now than before the pandemic, with positive market conditions expected to continue [11][71] - The transition from shared mobility to individual transportation is seen as a favorable trend for the auto repair market [12] - The company anticipates continued growth as new vehicle technologies emerge and the market recovers from the pandemic [71] Other Important Information - Consolidated gross margin improved to 50.1% from 49.5% last year, reflecting higher sales volumes [41] - Cash provided by operating activities was $319.3 million, a significant increase from 2020 levels [63] - The company has $904.6 million in cash at quarter-end, with no outstanding amounts under its credit facility [65] Q&A Session Summary Question: What are the differences in growth metrics now compared to earlier periods? - Management highlighted broader growth rooted in product capabilities and improved training for franchisees, leading to increased sales [76][78] Question: What is the installed base for Dealer-FX and its growth potential? - Dealer-FX is present in a small percentage of dealerships, indicating significant whitespace for growth [80] Question: Are revenues from Dealer-FX booked in the RS&I segment? - Yes, revenues from Dealer-FX will be included in the RS&I segment [81] Question: What tools are being developed for the EV market? - The company is creating specialized toolsets for new vehicle technologies, including insulating tools for electric vehicles [84] Question: Are calibration tools for ADAS applicable to the EV market? - Yes, calibration tools are agnostic to the powertrain and applicable across various vehicle types [85]

| --- | --- | --- | |------------------------------------------------|-------|-------| | | | | | | | | | Quarterly Financial Review First Quarter 2021 | | | | | | | Cautionary Statement ▪ These slides should be read in conjunction with comments from the April 22, 2021 conference call. The financial statement information included herein is unaudited. ▪ Statements made during the April 22, 2021 conference call and/or information included in this presentation may contain statements, including earnings projecti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 2, 2021, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-7724 Snap-on Incorporated (Exact name of registrant as specified in its charter) 2801 80th Street Kenosha Wisconsin 53143 (Address of principal executive of ices) (Zip code) (262) 6 ...

Snap-on Incorporated (NYSE:SNA) Q4 2020 Earnings Conference Call February 4, 2021 10:00 AM ET Company Participants Sara Verbsky - VP, IR Nick Pinchuk - CEO Aldo Pagliari - CFO Conference Call Participants Scott Stember - C.L. King Luke Junk - Baird David MacGregor - Longbow Research Curtis Nagle - Bank of America Bret Jordan - Jefferies Christopher Glynn - Oppenheimer Operator Ladies and gentlemen good day, and welcome to the Snap-on Incorporated 2020 Fourth Quarter Results Investor Conference Call. TodayÂ' ...

Snap-on Incorporated (NYSE:SNA) Q3 2020 Earnings Conference Call October 22, 2020 10:00 AM ET Â Company Participants Sara Verbsky - Vice President, Investor Relations Nick Pinchuk - Chief Executive Officer Aldo Pagliari - Chief Financial Officer Conference Call Participants Christopher Glynn - Oppenheimer Luke Junk - Baird Bret Jordan - Jefferies Curtis Nagle - Bank of America Gary Prestopino - Barrington Research Scott Stember - C.L. King David MacGregor - Longbow Research Operator Good day, and welcome to ...

Quarterly Financial Review 1 Q3-2020 Quarterly Review © 2020 Snap-on Incorporated Third Quarter 2020 CAUTIONARY STATEMENT ▪ These slides should be read in conjunction with comments from the October 22, 2020 conference call. The financial statement information included herein is unaudited. ▪ Statements made during the October 22, 2020 conference call and/or information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly, ar ...

Quarterly Financial Review 1 Q2-2020 Quarterly Review © 2020 Snap-on Incorporated Second Quarter 2020 CAUTIONARY STATEMENT ▪ These slides should be read in conjunction with comments from the July 31, 2020 conference call. The financial statement information included herein is unaudited. ▪ Statements made during the July 31, 2020 conference call and/or information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly, are sub ...

Snap-on Incorporated (NYSE:SNA) Q2 2020 Earnings Conference Call July 31, 2020 10:00 AM ET Company Participants Sara Verbsky - Vice President, Investor Relations Nick Pinchuk - Chief Executive Officer Aldo Pagliari - Chief Financial Officer Conference Call Participants Scott Stember - C.L. King Gary Prestopino - Barrington Research Christopher Glynn - Oppenheimer David MacGregor - Longbow Research Bret Jordan - Jefferies Ivan Feinseth - Tigress Financial Partners Operator Good day, ladies and gentlemen, and ...

Snap-on Incorporated (NYSE:SNA) Q1 2020 Earnings Conference Call April 21, 2020 10:00 AM ET Company Participants Sara Verbsky - Vice President-Investor Relations Nick Pinchuk - Chief Executive Officer Aldo Pagliari - Chief Financial Officer Conference Call Participants Erin Welcenbach - Baird Gary Prestopino - Barrington Bret Jordan - Jefferies Scott Stember - CL King Christopher Glynn - Oppenheimer Curtis Nagle - Bank of America David MacGregor - Longbow Research Operator Ladies and gentlemen, good day and ...

Quarterly Financial Review 1 Q1-2020 Quarterly Review © 2020 Snap-on Incorporated First Quarter 2020 CAUTIONARY STATEMENT ▪ These slides should be read in conjunction with comments from the April 21, 2020 conference call. The financial statement information included herein is unaudited. ▪ Statements made during the April 21, 2020 conference call and/or information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly, are su ...