{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000583","form_type":"8-K","ticker":"SNA","cik":"0000091440","company_name":"Snap-on Inc","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.785648+00:00","generated_at":"2026-06-16T23:12:21.631072+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Snap-on Q1 net sales $1.183B (+7.8% YoY); EPS $4.60 (+15%)","bullets":["Net sales $1,183.0M up 7.8% YoY; organic sales +10.2%; operating margin before financial services 22.0% (up 170 bps).","Diluted EPS $4.60, up 15.0% from $4.00; net earnings $248.7M vs $217.4M.","Segment organic sales: C&I +11.1%, Snap-on Tools +6.3%, Repair Systems +13.9%; all segments improved margins.","Financial services revenue $92.6M (+5.6%), operating earnings $66.3M; originations $300.9M (+22.5%).","FY2023 capex expected ~$100M; effective income tax rate forecast 23-24%."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000583","json":"https://secwatch.observer/filing/0001157523-23-000583.json","markdown":"https://secwatch.observer/filing/0001157523-23-000583.md","text":"https://secwatch.observer/filing/0001157523-23-000583.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/91440/000115752323000583/0001157523-23-000583-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/91440/000115752323000583/a53384374.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:12:21.631072+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7cb1c9e7a7a7ae25faabc782cd5ea1a2d4512483","claim":"Snap-on Inc reported first quarter ended April 1, 2023 results: revenue $1,183.0 million, net income $248.7 million, EPS $4.60 per diluted share.","evidence_excerpt":"statement of the Corporation. --- EX-99 (EXHIBIT 99) --- EX-99 2 a53384374_ex99.htm EXHIBIT 99 Exhibit 99 Snap-on Announces First Quarter 2023 Results Sales of $1,183.0 million up 7.8% from Q1 2022, organic sales up 10.2%; Operating margin before financial services of 22.0% improves 170 basis points; Diluted EPS of $4.60 increases 15.0% from Q1 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/91440/000115752323000583/0001157523-23-000583-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 1, 2023"},{"label":"Revenue","value":"$1,183.0 million"},{"label":"Net income","value":"$248.7 million"},{"label":"EPS","value":"$4.60 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}