secwatch / observer

Snap-on Inc — fact timeline

Source-grounded facts extracted from Snap-on Inc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SNA Snap-on Inc JSON
Shareholder Votes

Snap-on Inc shareholders approved Advisory vote to approve the compensation of the named executive officers at the 2026-04-30 meeting.

“approved, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement for the 2026 Annual Meeting”
Shareholder Votes

Snap-on Inc shareholders approved Ratify the Audit Committee's selection of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal 2026 at the 2026-04-30 meeting.

“ratified the Audit Committee’s selection of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for fiscal 2026”
Shareholder Votes

Snap-on Inc shareholders approved Election of 10 members of the Board of Directors to each serve a one-year term ending at the 2027 Annual Meeting at the 2026-04-30 meeting.

“elected 10 members of the Company’s Board of Directors to each serve a one-year term ending at the Annual Meeting of Shareholders to be held in 2027”
Earnings Releases

Snap-on Inc reported first quarter ended April 4, 2026 results: revenue $1,207.2 million, net income $247.0 million, or $4.69 per diluted share, EPS $4.69 per diluted share.

“to differ materially from those described in any forward-looking statement of the Corporation. --- EX-99 (EX-99) --- Snap-on Announces First Quarter 2026 Results Sales of $1,207.2 million up 5.8% from Q1 2025, organic sales up 3.4%; Gross margin of 50.4%, including 40 basis points of unfavorable currency effects, compares to 50.7% last year; Tools segment sales up”
Shareholder Votes

Snap-on Inc shareholders approved Advisory vote to approve the compensation of the named executive officers at the 2024-04-25 meeting.

“The advisory vote to approve the compensation of the Company’s named executive officers, as disclosed in “Compensation Discussion and Analysis” and “Executive Compensation Information” in the 2024 Proxy Statement, received the following votes: Votes for approval: 39,699,132 Votes against: 2,961,442 Abstentions: 157,434 Broker non-votes: 4,476,056”
Shareholder Votes

Snap-on Inc shareholders approved Ratification of Audit Committee's selection of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2024 at the 2024-04-25 meeting.

“The proposal to ratify the Audit Committee’s selection of Deloitte as the Company’s independent registered public accounting firm for fiscal 2024 received the following votes: Votes for approval: 42,722,753 Votes against: 4,477,738 Abstentions: 93,572 Broker non-votes: 0”
Shareholder Votes

Snap-on Inc shareholders approved Election of 10 members to the Board of Directors at the 2024-04-25 meeting.

“Snap-on Incorporated (the “Company”) held its 2024 Annual Meeting of Shareholders on April 25, 2024 (the “2024 Annual Meeting”). At the 2024 Annual Meeting, the Company’s shareholders: (i) elected 10 members of the Company’s Board of Directors to each serve a one-year term ending at the Annual Meeting of Shareholders to be held in 2025 (the “2025 Annual Meeting”); (ii) ratified the Audit Committee’s selection of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for fiscal 2024; and (iii) approved, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement for the 2024 Annual Meeting (the “2024 Proxy Statement”).”
Earnings Releases

Snap-on Inc reported first quarter ended March 30, 2024 results: revenue $1,182.3 million, net income $263.5 million, EPS $4.91 per diluted share.

“Net sales of $1,182.3 million in the first quarter of 2024 represented a decrease of $0.7 million, or 0.1%, from 2023 levels, reflecting a $9.9 million, or 0.8%, organic sales decline, partially offset by $6.7 million of acquisition-related sales and $2.5 million of favorable foreign currency translation. • Operating earnings before financial services for the quarter of $270.9 million compared to $259.8 million in 2023. As a percentage of net sales, operating earnings before financial services were 22.9% in the first quarter compared to 22.0% last year. • Financial services revenue in the quarter of $99.6 million compared to $92.6 million in 2023; financial services operating earnings of $68.3 million compared to $66.3 million last year. • Consolidated operating earnings for the quarter of $339.2 million, or 26.5% of revenues (net sales plus financial services revenue), compared to $326.1 million, or 25.6% of revenues, last year. • The first quarter effective income tax rate was 22.2%”
Earnings Releases

Snap-on Inc reported fourth quarter and full year ended December 30, 2023 results: revenue $1,196.6 million, net income $255.3 million, EPS $4.75 per diluted share.

“EXHIBIT 99 Exhibit 99 Snap-on Announces Fourth Quarter and Full Year 2023 Results Diluted EPS of $4.75 for the quarter represents a gain of 7.5% from Q4 2022; Sales of $1,196.6 million up 3.5% from Q4 2022, organic sales up 2.2%; Operating margin before financial services of 21.6% compares to 21.5% in Q4 2022 KENOSHA, Wis.--(BUSINESS WIRE)--February 8,”
Earnings Releases

Snap-on Inc reported the third quarter ended September 30, 2023 results: revenue $1,159.3 million, net income $243.1 million, EPS $4.51 per diluted share.

“forward-looking statement of the Corporation. --- EX-99 (EXHIBIT 99) --- EX-99 2 a53636246ex99.htm EXHIBIT 99 Exhibit 99 Snap-on Announces Third Quarter 2023 Results Sales of $1,159.3 million up 5.2% from Q3 2022, organic sales up 4.7%; Operating margin before financial services of 21.2% reflects an increase of 90 basis points; Diluted EPS of $4.51 represents a gain”
Debt Financings

Snap-on Inc amended revolving credit of $900 million with JPMorgan Chase Bank, N.A., Citibank, N.A. and U.S. Bank National Association at Adjusted Term Secured Overnight Financing Rate (SOFR) plus a spread ranging from maturing September 12, 2028.

“On September 12, 2023, Snap-on Incorporated (“Snap-on”) entered into a five-year, $900 million multi-currency revolving credit facility that terminates on September 12, 2028 (the “New Facility”).”
Material Agreements

Snap-on Inc entered into Fourth Amended and Restated Five Year Credit Agreement with each lender and agent listed on the signature pages thereof valued at $900 million multi-currency revolving credit facility (effective 2023-09-12).

“On September 12, 2023, Snap-on Incorporated (“Snap-on”) entered into a five-year, $900 million multi-currency revolving credit facility that terminates on September 12, 2028 (the “New Facility”).”
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.

“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”
Earnings Releases

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.

“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”
Earnings Releases

Snap-on Inc reported financial results for fourth quarter and full year ended December 31, 2022.

“On February 2, 2023 , Snap-on Incorporated (the “Corporation”) issued a press release announcing results for its fourth quarter and full year ended December 31, 2022 . The text of the press release is furnished herewith as Exhibit 99 to this Current Report on Form 8-K.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.