secwatch.observer — SEC 8-K summary
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Issuer:     Snap-on Inc (SNA)
CIK:        0000091440
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001157523-21-000899
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snap-on Q2 2021 EPS $3.76, sales up 49.3% YoY; organic sales +42.5%
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- Net sales $1,081.4M, +49.3% YoY; organic sales +42.5%; vs Q2 2019 sales +13.7%.
- Diluted EPS $3.76, up 103.2% from $1.85; adjusted EPS excluding restructuring also rose 96.9%.
- Segment organic growth: C&I +26.3%, Snap-on Tools +46.7%, RS&I +54.1%; all improved margins.
- Consolidated operating earnings $286.0M, 24.5% of revenues, up from 18.4% last year.
- FY2021 capex guidance $90-100M; effective tax rate expected 23-24%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91440/000115752321000899/0001157523-21-000899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91440/000115752321000899/a52464176.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-000899

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