Snap-on Incorporated (SNA) Earnings
Snap-on Incorporated is expected to report next earnings on July 16, 2026 (in NaN days), with a consensus EPS estimate of $4.90. SNA has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +1.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $4.68 | $4.69 | +0.2% | $1.2B | +2.5% |
| Feb 5, 2026 | $4.86 | $4.94 | +1.6% | $1.3B | +11.9% |
| Oct 16, 2025 | $4.64 | $4.71 | +1.5% | $1.3B | +11.4% |
| Jul 17, 2025 | $4.63 | $4.72 | +1.9% | $1.3B | +10.8% |
| Apr 17, 2025 | $4.81 | $4.51 | -6.2% | $1.1B | -4.6% |
| Feb 6, 2025 | $4.78 | $4.82 | +0.8% | $1.2B | +0.2% |
| Oct 17, 2024 | $4.59 | $4.70 | +2.4% | $1.1B | -0.9% |
| Jul 18, 2024 | $4.94 | $5.07 | +2.6% | $1.3B | +6.9% |
| Apr 18, 2024 | $4.64 | $4.75 | +2.4% | $1.3B | +6.7% |
| Feb 8, 2024 | $4.66 | $4.75 | +1.9% | $1.3B | +7.6% |
| Oct 19, 2023 | $4.44 | $4.51 | +1.6% | $1.2B | +1.6% |
| Jul 20, 2023 | $4.58 | $4.89 | +6.8% | $1.2B | +0.1% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Market: Vehicle repair environment robust with aging car park and high household spending on vehicle repairs. Critical industries show strength. - CNI: Strong momentum in domestic markets, led by critical industry, aviation, heavy duty and natural resources had high single - digit growth. - Tools group: Maintained pivot, launched new products like glow plug socket and socket configuration for NanoAccess, tool storage had momentum. - RS&I group: Invested in proprietary database, released new Pro Series Polartec AC recyclers to help shop owners navigate complexity.
Guidance
- Corporate costs: Currently believe expenses will approximate $28 million each quarter. - Capital expenditures: Anticipate full - year 2026 capital expenditures will approximate $100 million. - Effective income tax rate: Currently anticipate full - year 2026 effective income tax rate will be in a range of 22% to 23%.
Segment performance
CNI group: Sales were $381.6 million, an increase of $37.1 million or 10.8%, including $11.9 million in favorable foreign currency and 7.1% organic gain. Operating income was $54.9 million, up 3.2%, operating margin 14.4%. Tools group: Sales were $496 million, up 3.4% organically. Operating income was $105 million, up 13.6%, operating margin 21.6%, gross margin 47.7% up 140 basis points. RS&I group: Sales were $435.3 million, up 2% including $9.1 million in favorable currency effects. Operating earnings were $119.5 million, down 2.1%, operating margin 24.6% including 60 basis points of unfavorable currency.
Risks & headwinds
- Uncertainty in geopolitical events, unfavorable currency, impacts of inflation, and fluctuation in government policies risk increasing uncertainty and affecting business.
Analyst Q&A
Q: Brett Jordan with Jefferies asked about CNI's heavy duty and green shoots.
A: Nick said heavy duty is due to understanding work better for effective solutions, green shoots associated with tool storage growth and positive franchisee conversations.
Q: Scott Stember with Ross asked about tools subcategories, sell - in vs sell - off, and tariffs.
A: Nick said hand tools and power tools up, diagnostics tepid; sell - off in same ballpark as 3.4% growth; tariffs are blizzard - like with uncertain refunds.
Q: Luke Young with Baird asked about tax rebates impact and CNI military exposure.
A: Nick said hard to say on tax rebates impact; CNI military exposure improved with expectation of further improvement.
Q: Christopher Glenn with Oppenheimer asked about C&I and tool storage.
A: Nick said C&I gaining share due to better products and capacity, tool storage up with new products.
Q: Gary Prestopino with Barrington Research asked about tool storage growth, franchisee optimism, CNI data center demand, and FX impact EPS.
A: Nick said tool storage up with new products; franchisee optimism due to both product match and ease of sale; CNI seeing increased demand for data center toolkits; Aldo said FX had two cents of good news on operating income.