Snap-on's (SNA) Strategies Place the Stock on Growth Track

Snap-on Incorporated (SNA) has been gaining from a continued positive business momentum and contributions from its Value Creation plan. The company remains on track with its Rapid Continuous Improvement (RCI) process and other cost-reduction initiatives. Higher sales volume, pricing actions, lower material and other costs, as well as gains from the company's RCI initiatives, have been aiding SNA’s margins.The company reported impressive growth across operating segments in the fourth quarter of 2023. Both th ...