AI English summary of an SEC filing — figures as filed
Snap-on said net sales for Q3 2026 fell to $1,183.7 million, down $7.1 million (0.6%). It said organic sales declined $33.1 million (2.8%), and acquisition-related sales were $25.6 million.
Key points
AI summarySnap-on said net sales for Q3 2026 fell to $1,183.7 million, down $7.1 million (0.6%). It said organic sales declined $33.1 million (2.8%), and acquisition-related sales were $25.6 million.
The company said operating earnings for Q3 2026 were $316.4 million, and net earnings attributable to Snap-on were $243.0 million ($4.64 per diluted share). It added that the Q3 prior-year results of $265.4 million ($5.02 per share) included an after-tax benefit of $16.2 million from a legal settlement.
Snap-on said segment net sales for the Snap-on Tools Group in Q3 2026 fell 6.8% to $471.5 million. It said organic sales declined 7.0%, and segment operating earnings were $84.8 million (operating margin of 18.0%).
Snap-on said operating cash flow for the first 9 months of 2026 was $887.9 million. It said it paid dividends of $379.3 million and repurchased 728,500 shares for $278.4 million over the same period.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Net Sales Breakdown for Q3 2026
Snap-on said net sales for Q3 2026 fell to $1,183.7 million, down $7.1 million (0.6%). It said organic sales declined $33.1 million (2.8%), and acquisition-related sales were $25.6 million.
Source · Based on the MD&A text of the filing
Operating and Net Earnings for Q3 and Prior-Year Legal Settlement Benefit
The company said operating earnings for Q3 2026 were $316.4 million, and net earnings attributable to Snap-on were $243.0 million ($4.64 per diluted share). It added that the Q3 prior-year results of $265.4 million ($5.02 per share) included an after-tax benefit of $16.2 million from a legal settlement.
Source · Based on the MD&A text of the filing
Snap-on Tools Group Results for Q3
Snap-on said segment net sales for the Snap-on Tools Group in Q3 2026 fell 6.8% to $471.5 million. It said organic sales declined 7.0%, and segment operating earnings were $84.8 million (operating margin of 18.0%).
Source · Based on the MD&A text of the filing
9-Month Operating Cash Flow and Shareholder Returns
Snap-on said operating cash flow for the first 9 months of 2026 was $887.9 million. It said it paid dividends of $379.3 million and repurchased 728,500 shares for $278.4 million over the same period.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…