Snap-on Inc. (NYSE: SNA), Kenosha, Wisconsin, reported first-quarter sales of $852.2 million, a decrease of 7.5% compared to the same period a year earlier. Profit increased 22.9% to $137.2 million.
Commercial and industrial group segment sales of $299.9 million in the quarter decreased 7% from the first quarter a year ago. Snap-on Tools Group segment sales of $375.9 million fell 8.4%. And repair systems and information group segment sales of $314.6 million decreased 4.1%.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
