earnings
confidence high
sentiment positive
materiality 0.90
Snap-on Reports Q4 2023 EPS of $4.75, Sales Up 3.5% to $1,196.6M
Snap-on Inc
2023-FY EPS reported
$18.76
revenue$5,108,300,000
- Diluted EPS of $4.75 increased 7.5% from $4.42 in Q4 2022.
- Net sales of $1,196.6 million rose 3.5%, including organic growth of 2.2%.
- Operating margin before financial services was 21.6%, compared to 21.5% a year ago.
- Snap-on Tools Group segment sales declined 5.7% organically due to lower U.S. activity.
- Full-year 2024 capital expenditures expected in range of $100-$110 million.