Page 17 - Tools Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Snap-on posts Q4 FY23 results with a 3.5% sales increase to $1.197 billion, driven by organic gains and favorable currency translation. Despite missing consensus, the company's gross profit rises to $577.6 million, with operating earnings climbing to $325.8 million, surpassing EPS expectations at $4.75. CEO Nick Pinchuk notes positive momentum in critical industries and strategic acquisition benefits. Snap-on outlines FY24 outlook, expecting capital expenditures of $100-110 million.

By Ben Glickman Share prices of Snap-On fell after sales lagged in the company's large tools segment in the fourth quarter. The stock was down 8.6% to...

Charles Schwab Investment Management Inc. increased its holdings in Snap-on Incorporated (NYSE:SNA – Free Report) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,276,205 shares of the company’s stock after purchasing an additional 26,260 shares during the quarter. Charles […]

Versor Investments LP boosted its holdings in shares of Snap-on Incorporated (NYSE:SNA – Free Report) by 53.1% during the third quarter, HoldingsChannel.com reports. The firm owned 3,171 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Versor Investments LP’s holdings in Snap-on were worth $809,000 at the end of the […]

Larson Financial Group LLC raised its position in shares of Snap-on Incorporated (NYSE:SNA – Free Report) by 303.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 315 shares of the company’s stock after purchasing an additional 237 shares during the quarter. Larson […]