secwatch.observer — SEC 8-K summary
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Issuer:     Snap-on Inc (SNA)
CIK:        0000091440
Form:       8-K
Filed at:   2026-10-22T10:33:54+00:00
Accession:  0000091440-26-000169
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Snap-on Q3 2026 sales fall 0.6% to $1,183.7M, diluted EPS $4.64 versus $5.02
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- Net sales of $1,183.7 million declined 0.6% as organic sales fell 2.8% ($33.1M), partly offset by $25.6M of acquisition-related sales.
- Net earnings were $243.0 million, or $4.64 per diluted share, down from $265.4 million, or $5.02, which included a $16.2M legal settlement benefit.
- Tools Group sales dropped 7.0% organically to $471.5 million; operating margin fell to 18.0% from 21.7% as diesel price spikes cut franchisee inventories.
- Commercial & Industrial sales rose 7.4% organically to $404.3 million with operating margin of 18.5%; Repair Systems sales fell 5.5% organically.
- Snap-on projects 2026 capital expenditures near $100 million and a full-year effective tax rate of about 22%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91440/000009144026000169/0000091440-26-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91440/000009144026000169/sna-20261022.htm
  HTML page:      https://secwatch.observer/filing/0000091440-26-000169

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