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Unlocking Snap-On (SNA) International Revenues: Trends, Surprises, and Prospects
Snap-onSnap-on(US:SNA) ZACKSยท2025-02-14 15:15

Core Insights - Snap-On's international operations are crucial for assessing its financial resilience and growth prospects, especially in the context of a global economic landscape [1][2][3] Revenue Performance - For the quarter ended December 2024, Snap-On reported total revenue of $1.2 billion, reflecting a year-over-year increase of 0.2% [4] - European revenue accounted for 15.51% of total revenue, amounting to $185.9 million, which was a surprise increase of 3.2% compared to Wall Street's expectation of $180.14 million [5] - Other International revenue contributed $115.6 million, or 9.64% of total revenue, which was below the consensus estimate of $118.23 million, representing a surprise decrease of 2.22% [6] Future Projections - Analysts project Snap-On's total revenue for the current fiscal quarter to be $1.2 billion, indicating a 1.7% increase from the previous year, with Europe and Other International expected to contribute $184.14 million (15.3%) and $121.38 million (10.1%) respectively [7] - For the full year, total revenue is expected to reach $4.85 billion, a 3% increase from the prior year, with Europe and Other International projected to contribute $757.97 million (15.6%) and $499.94 million (10.3%) respectively [8] Strategic Considerations - Snap-On's reliance on international markets presents both opportunities and challenges, making it essential to monitor international revenue trends for accurate future projections [9][10]