Snap-On Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents

Snap-On Inc Q1 2023 Earnings Call Summary

Snap-On Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents
Snap-On Inc Q1 2023 Earnings Call Summary
Published Apr 20, 2023
20 pages (11681 words) — Published Apr 20, 2023
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About This Report

  
Abstract:

Edited Brief of SNA.N earnings conference call or presentation 20-Apr-23 2:00pm GMT

  
Brief Excerpt:

...A. Highlights: Co.'s momentum has been unbroken and vibrant. 1. Once again, the story of Co.'s qtr. is continued resilience. a. b. Its ability to navigate the complex while knowing that with the flip of accountable bring new challenges. c. Co.'s markets displaying resilience, born out of criticality, its brand standing above, delivering quality and reinforcing personal pride. d. Co.'s products clearly move the world forward by making the critical easier. 2. Sales, $1,183m. Up YoverY by $85.2m or 7.8%, including $24m or 240 BP of unfavorable FX. a. 3. Organic sales, up 10.2%, increases in every group. 4. Co.'s 11th consecutive qtr. of YoverY operating expansion. 5. Opco operating income, $259.8m, including: $7.6m of unfavorable foreign currency increasing by 16.5% in operating margin. a. 6. Operating margin, 22%. Up 170 BP YoverY. a. 7. Financial Services operating income, $66.3m vs. last year's $70.4m. That combined with opco resulted in a consolidated operating margin of 25.6%, an 80 BP...

  
Report Type:

Brief

Source:
Company:
Snap-On Inc
Ticker
SNA.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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Snap-On Inc Q2 2023 Earnings Call Summary – 2023-07-20 – US$ 54.00 – Edited Brief of SNA.N earnings conference call or presentation 20-Jul-23 2:00pm GMT

Snap-On Inc at Oppenheimer Industrial Growth Conference (Virtual) Summary – 2023-05-09 – US$ 54.00 – Edited Brief of SNA.N presentation 9-May-23 4:00pm GMT

Snap-On Inc at Oppenheimer Industrial Growth Conference (Virtual) Transcript – 2023-05-09 – US$ 54.00 – Edited Transcript of SNA.N presentation 9-May-23 4:00pm GMT

Snap-On Inc Annual Shareholders Meeting Transcript – 2023-04-27 – US$ 54.00 – Edited Transcript of SNA.N shareholder or annual meeting 27-Apr-23 3:00pm GMT

Snap-On Inc Q1 2023 Earnings Call Transcript – 2023-04-20 – US$ 54.00 – Edited Transcript of SNA.N earnings conference call or presentation 20-Apr-23 2:00pm GMT

Snap-On Inc at Bank of America Consumer & Retail Conference Transcript – 2023-03-14 – US$ 54.00 – Edited Transcript of SNA.N presentation 14-Mar-23 2:30pm GMT

Snap-On Inc Q4 2022 Earnings Call Summary – 2023-02-02 – US$ 54.00 – Edited Brief of SNA.N earnings conference call or presentation 2-Feb-23 3:00pm GMT

Snap-On Inc Q4 2022 Earnings Call Transcript – 2023-02-02 – US$ 54.00 – Edited Transcript of SNA.N earnings conference call or presentation 2-Feb-23 3:00pm GMT

Snap-On Inc Q3 2022 Earnings Call Summary – 2022-10-20 – US$ 54.00 – Edited Brief of SNA.N earnings conference call or presentation 20-Oct-22 2:00pm GMT

Snap-On Inc Q3 2022 Earnings Call Transcript – 2022-10-20 – US$ 54.00 – Edited Transcript of SNA.N earnings conference call or presentation 20-Oct-22 2:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Snap-On Inc Q1 2023 Earnings Call Summary" Apr 20, 2023. Alacra Store. May 17, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Snap-On-Inc-Earnings-Call-B15540746>
  
APA:
Thomson StreetEvents. (2023). Snap-On Inc Q1 2023 Earnings Call Summary Apr 20, 2023. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Snap-On-Inc-Earnings-Call-B15540746>
  
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