---
schema_version: "secwatch.filing_event.v1"
accession: "0000091440-24-000059"
form_type: "8-K"
ticker: "SNA"
cik: "0000091440"
company_name: "Snap-on Inc"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:31:55.984951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Snap-on Q3 EPS $4.70 (+4.2% YoY); operating margin expands 80 bps to 22.0%

## Summary
- Diluted EPS of $4.70, up 4.2% from $4.51 in Q3 2023; net earnings $251.1M.
- Net sales $1,147.0M, down 1.1% YoY; organic sales declined 1.7%, partially offset by acquisitions.
- Operating margin before financial services improved to 22.0% from 21.2%; consolidated operating margin 26.0%.
- Snap-on Tools Group sales $500.5M, down 3.1% organically; operating margin 21.6% vs 22.0% last year.
- FY2024 capex expected ~$100M; effective tax rate guidance 22%-23%.

## SEC filing metadata
- accession: 0000091440-24-000059
- form_type: 8-K
- ticker: SNA
- cik: 0000091440
- company_name: Snap-on Inc
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91440/000009144024000059/0000091440-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91440/000009144024000059/sna-20241017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091440-24-000059
- JSON: https://secwatch.observer/filing/0000091440-24-000059.json
- Plain text: https://secwatch.observer/filing/0000091440-24-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.