---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001112"
form_type: "8-K"
ticker: "SNA"
cik: "0000091440"
company_name: "Snap-on Inc"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T06:07:45.001857+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Snap-on Q2 EPS $4.89 (+14.5% YoY); sales $1.19B +4.8%; operating margin 23.3%

## Summary
- Net sales $1,191.3M, up 4.8% YoY; organic sales +5.6% after excluding FX.
- Diluted EPS $4.89 vs $4.27; operating margin before financial services 23.3% (up 160 bps).
- Commercial & Industrial segment sales $364.2M (+3.0% organic); Snap-on Tools $523.1M (+1.1% organic).
- Repair Systems & Information sales $452.0M (+8.5% organic); operating margin 24.4%.
- FY 2023 capex expected ~$100M; effective tax rate guided 23-24%.

## SEC filing metadata
- accession: 0001157523-23-001112
- form_type: 8-K
- ticker: SNA
- cik: 0000091440
- company_name: Snap-on Inc
- filed_at: 2023-07-20T23:59:59+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/91440/000115752323001112/0001157523-23-001112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91440/000115752323001112/a53468831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001112
- JSON: https://secwatch.observer/filing/0001157523-23-001112.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001112.txt

## Key facts
- Earnings Releases
  Snap-on Inc reported second quarter of 2023 results: revenue $1,191.3 million, net income $264.0 million, EPS $4.89 per diluted share.
  - Period: second quarter of 2023
  - Revenue: $1,191.3 million
  - Net income: $264.0 million
  - EPS: $4.89 per diluted share
  - Result: reported results
  source text: Announces Second Quarter 2023 Results Diluted EPS of $4.89 improves 14.5% from Q2 2022; Operating margin before financial services of 23.3% expands 160 basis points; Sales of $1,191.3 million up 4.8% from Q2 2022, organic sales up 5.6% KENOSHA, Wis.--(BUSINESS WIRE)--July 20, 2023--Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer
  evidence_url: https://www.sec.gov/Archives/edgar/data/91440/000115752323001112/0001157523-23-001112-index.htm

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