Snap-on Posts Modest Earnings Beat as Revenue Misses Expectations

Core Insights - Snap-on Incorporated reported fourth-quarter earnings of $4.94 per share, slightly exceeding analyst expectations of $4.93, while revenue was $1.23 billion, falling short of the forecast of $1.24 billion but showing a 2.8% increase year-over-year [1][2] Group Performance - The Commercial & Industrial Group achieved the strongest performance with 2.8% organic sales growth, driven by demand from critical industries and increased power-tool activity [2] - The Snap-on Tools Group experienced a 0.7% organic sales decline, attributed to lower U.S. activity, although this was partially offset by growth in international markets [2] Financial Metrics - Consolidated operating earnings reached $339.6 million, accounting for 25.3% of revenue, compared to $331.9 million or 25.5% of revenue in the same quarter last year [2] Future Outlook - For 2026, Snap-on anticipates continued progress in growth initiatives, particularly in automotive repair and adjacent markets, with projected capital expenditures of approximately $100 million and an effective tax rate between 22% and 23% [3]