| --- | --- | |---------------------|-------| | | | | | | | Quarterly Financial | | Cautionary Statement These slides should be read in conjunction with comments from the July 22, 2021 conference call. The financial statement information included herein is unaudited. Statements made during the July 22, 2021 conference call and/or information included in this presentation may contain statements, including earnings projections, that are forward-looking in nature and, accordingly, are subject to risks and unce ...

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 ...