Browse the latest corporate news from Snap-on Tools.
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Tour Off to Great Start Celebrating Service Technicians as "Masters of Their Trade"
KENOSHA, Wis., May 24, 2012 /PRNewswire/ - The Snap-on Masters of Metal Tour™ is off to an impressive start as it showcases the latest and greatest Snap-on® tools and equipment to throngs of Snap-onnation members in venues coast-to-coast.
"The Snap-on Masters of Metal Tour has been a resounding success as we have seen many events drawing long lines of Snap-oncustomers waiting to tour the interactive trailer," said Yvette Morrison, vice president of marketing, Snap-on Tools Group. "Adding hands-on features to the tour has taken an already impressive event to another level."
Featuring customized mobile units full of the latest and greatest Snap-on tool offerings, the SNAP-ON MASTERS OF METAL TOUR is an interactive tour that celebrates automotive service technicians as the "masters of their trade...
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Snap-on Father's Day Gift Guide Offers Popular Tools at Special Prices
KENOSHA, Wis., May 17, 2012 /PRNewswire/ -- If you want to give Dad a Father's Day gift that he wants, really needs and you know will last, give him the gift of Snap-on. From hand tools and power tools to an assortment of specialty tools and tool storage units, the Snap-on Father's Day Gift Guide has an array of gift ideas for Dad.
"Our Snap-on Father's Day Gift Guide has a wide selection of tools available at special prices," said Gerry Beronja, director of customer marketing for Snap-on. "This is the perfect opportunity to get Dad that Snap-on tool he's been hoping for or treat yourself to the Snap-on item on your wish list. You'll need to act fast as our Father's Day pricing ends June 30...
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KENOSHA, Wis., Apr 26, 2012 (BUSINESS WIRE) --The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.34 per share payable June 11, 2012 to shareholders of record on May 21, 2012. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation, aerospace, agriculture, construction, government and military, mining, natural resources and power generation...
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Diluted EPS of $1.21 increases 26.0% from $0.96 last year;
Sales of $735.2 million up 6.0% year over year;
Operating earnings of $121.4 million increases 21.6% from 2011 levels
KENOSHA, Wis., Apr 19, 2012 (BUSINESS WIRE) --Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the first quarter of 2012.
Sales of $735.2 million increased $41.5 million, or 6.0%, from 2011 levels; excluding $6.7 million of unfavorable foreign currency translation, organic sales increased 7.0%.
Operating earnings before financial services of $97...
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KENOSHA, Wis., Apr 13, 2012 (BUSINESS WIRE) --Snap-on Incorporated (NYSE: SNA) announced today that it will webcast its 2012 Annual Meeting of Shareholders live via the Internet on Thursday, April 26.
The 2012 Annual Meeting of Shareholders webcast will be available on the Snap-on website beginning at 10:00 a.m. Central Time on April 26. The archived presentation will also be available on the Snap-on site for a period of time following the live webcast.
To attend this event, visit www.snapon.com/sna and click on the link to the webcast. To ensure that you gain access on the day of the presentation, please go to the site at least 15 minutes prior to the start of the event to download and install any necessary audio software.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks...
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KENOSHA, Wis.--(BUSINESS WIRE)--Apr. 5, 2012-- Snap-on Incorporated (NYSE: SNA) will release 2012 first quarter results prior to the market open on Thursday, April 19, 2012. A conference call to discuss the results will be held at 11:30am ET on that day. The conference call, with accompanying slides, will be webcast live via the Internet.
To access the call, visit www.snapon.com/sna and click on the link to the webcast. The release can also be accessed on the Snap-on Web site. An archived replay will be available for at least 10 days following the call.
About SNA
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks...
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KENOSHA, Wis., Feb 16, 2012 (BUSINESS WIRE) --The Snap-on Tools Franchise opportunity heads the list in the Forbes February 27, 2012 edition's article on the ten best franchises to start, entitled "Proven Path." Forbes determined the ranking after evaluating data from 110 of the most established names in franchising.
"Snap-on is honored to be designated the top franchise opportunity by Forbes," said Nick Pinchuk, Snap-on Incorporated chairman and chief executive officer. "Snap-on is consistently recognized as the most preferred tool brand among vehicle service professionals. We believe our strong brand equity, unmatched customer connection, award winning innovation, available in-house financing, focused training and general support make the Snap-on business model a quality opportunity for potential franchisees...
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KENOSHA, Wis.--(BUSINESS WIRE)--Feb. 8, 2012-- The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.34 per share payable March 9, 2012 to shareholders of record on February 24, 2012.
Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation, aerospace, agriculture, construction, government and military, mining, natural resources and power generation...
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Fourth quarter diluted EPS of $1.27 up 28.3% year over year; Operating earnings of $125.9 million in the quarter up 29.9% from 2010 levels; Fourth-quarter sales of $736.6 million up 5.7% year over year
KENOSHA, Wis.--(BUSINESS WIRE)--Feb. 2, 2012-- Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced 2011 operating results for the fourth quarter and full year.
Sales of $736.6 million in the quarter increased $39.7 million, or 5.7%, from 2010 levels; excluding $1.5 million of unfavorable foreign currency translation, organic sales increased 5.9%.
Operating earnings before financial services of $103...
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KENOSHA, Wis.--(BUSINESS WIRE)--Jan. 19, 2012--Snap-on Incorporated (NYSE:SNA) will release 2011 fourth quarter and full year results prior to the market open on Thursday, February 2, 2012. A conference call to discuss the results will be held at 10:00 a.m. ET on that day. The conference call, with accompanying slides, will be webcast live via the Internet.
To access the call, visit www.snapon.com/sna and click on the link to the webcast. The release can also be accessed on the Snap-on Web site. An archived replay will be available for at least 10 days following the call.
About SNA
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks...
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2011 Holiday Guide Offers Great Selection of Gift Ideas
KENOSHA, Wis., Nov. 9, 2011 /PRNewswire/ -- Whether for the serious professional or the do-it-yourselfer, the 2011 Snap-on® Holiday Gift Guide offers something for everyone on your holiday shopping list.
"Our annual Snap-on Holiday Gift Guide helps you be the best gift giver ever with a wide selection of holiday gift options that are sure to make for a happy holiday," said Sara Scarlato, manager of communications for Snap-on. "From flashlights, pliers and screwdrivers to cordless impact wrenches and air compressors, the 2011 Snap-on Holiday Gift Guide has what you need. Snap-on is offering special pricing for a limited time on selected items in the 2011 Gift Guide."
The Holiday Gift Guide is full of unique gift ideas that will be sure to fit anyone on your list...
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Quarterly Cash Dividend Increases to $0.34
KENOSHA, Wis., Nov 04, 2011 (BUSINESS WIRE) -- Snap-on Incorporated's (NYSE: SNA) Board of Directors declared today a quarterly common stock dividend of $0.34 per share payable December 9, 2011, to shareholders of record on November 18, 2011. This represents an increase of $0.02 per share, or 6.3%, over Snap-on's previous quarterly dividend of $0.32 per share.
"Snap-on's dividend is an essential part of our capital allocation strategy, as demonstrated by our payment of consecutive quarterly cash dividends, without interruption or reduction, since 1939," said Nick Pinchuk, Snap-on chairman and chief executive officer. "This quarterly dividend increase reflects both our current performance and our belief that Snap-on is well-positioned for the future, while underscoring our commitment to create long-term value for our shareholders...
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KENOSHA, Wis., Nov 01, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA) will present at the Robert W. Baird & Co. 2011 Industrial Conference on Tuesday, November 8, 2011. The presentation is scheduled to begin at approximately 2:55 p.m. Eastern time (1:55 p.m. Central time).
The live webcast with audio and slides can be accessed by visiting the company's Web site, http://www.snapon.com/sna or at the following URL: http://www.wsw.com/webcast/baird25/sna. To ensure timely access, it is recommended that viewers go to the Web site at least ten minutes prior to the start of the presentation to register and to download and install any necessary software. Following the webcast, an archived replay will be available on the company's Web site for approximately 90 days...
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Diluted EPS of $1.16; Operating earnings of $115.1 million up 37.4%; Sales of $697.2 million up 6.8%
KENOSHA, Wis., Oct 20, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the third quarter of 2011.
Sales of $697.2 million increased $44.1 million, or 6.8%, from 2010 levels; excluding $19.6 million of favorable foreign currency translation, organic sales increased 3.6%.
Operating earnings of $115.1 million increased $31.3 million, or 37.4%, from 2010 levels, including $15.8 million of higher year-over-year earnings from financial services and $7...
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KENOSHA, Wis., Oct 19, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA) comes out a big winner again this year receiving four Professional Tool & Equipment News (PTEN) 2011 Innovation Awards. Snap-on was voted "best" in the tool storage category for its Clear Coat Series Tool Storage Units, in the lift category for the John Bean(R) Locked and Lighted Scissor Alignment Lift, in the tool accessories category for its Power Tool Rack, and in the shop equipment category for its Tire Pressure Monitoring System (TPMS3).
"It is a great privilege to once again receive these honors from the readers of PTEN," said Tom Ward, Snap-on president, Repair Systems and Information Group. "The Innovation Award winners are determined by the people who use our tools every day - shop owners and technicians...
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KENOSHA, Wis., Oct 19, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, announced it recently won two MOTOR Magazine Top 20 Tool Awards for its VERDICT(TM) Diagnostic and Information System and its RFV 2000(TM) Diagnostic Wheel Balancer. The winners were chosen by MOTOR Magazine's technical editors as innovative products that help make the jobs of professional shop owners and technicians easier, while enabling them to fix their customers' cars and light trucks more accurately and quickly.
"We are very excited to be recognized by MOTOR Magazine for our latest industry-leading innovations in diagnostics and equipment," said Tom Ward, Snap-on president, Repair Systems and Information Group...
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KENOSHA, Wis., Oct 06, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA) will release 2011 third quarter results prior to the market open on Thursday, October 20, 2011. A conference call to discuss the results will be held at 10:00am ET on that day. The conference call, with accompanying slides, will be webcast live via the Internet.
To access the call, visit http://www.snapon.com/sna and click on the link to the webcast. The release can also be accessed on the Snap-on Web site. An archived replay will be available for at least 10 days following the call.
About SNA
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks...
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Snap-on Sets Preference Record in Three Categories
KENOSHA, Wis., Sep 23, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer, and marketer of tools, diagnostics, equipment, software and service solutions for professional users, was once again the overwhelming choice of service technicians in the 2011United States (U.S.) Automotive Technicians' Choice: Evaluation of Automotive Tools. In the survey conducted by Frost & Sullivan, Snap-on® products were chosen the overall best brand in hand tools, tool storage, scan tools, power tools, and pneumatic/air tools, and set a service technician preference record in three of those categories.
″Snap-on is honored once again to be recognized by Frost & Sullivan and automotive technicians for designing and manufacturing the most innovative, productive, repeatable and reliable tools in the world,″ said Tom Kassouf, president of the Snap-on Tools Group...
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Franchisees Learn About Latest Product Innovation and Tools for Managing Their Business
KENOSHA, Wis., Sept. 9, 2011 /PRNewswire/ -- More than 6,000 attendees gathered for the annual Snap-on Franchisee Conference (SFC) at the Gaylord Palms Resort and Convention Center in Orlando, Fla. The three-day business conference provided franchisees the opportunity to learn about the latest in vehicle service product innovation and technology; as well as techniques for continuing to improve the profitability of their Snap-on Tools franchises. Over 2,500 Snap-on mobile tool distribution stores were represented at the event, held Aug. 19-21.
"This year's conference was another tremendous success," said Tom Kassouf, president of the Snap-on Tools Group...
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KENOSHA, Wis., Aug 11, 2011 (BUSINESS WIRE) -- Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics and equipment solutions for professional users today announced the official grand opening of the IdeaForge, a multimedia conference center located within the Innovation Works facility at the company's Kenosha, Wis. campus. The opening was presided over by Snap-on chairman and chief executive officer, Nick Pinchuk. It took place with the participation of more than 600 Snap-on associates and retirees, as well as state and local officials including U.S. Congressman Paul Ryan.
"We chose the name for this place very carefully, because over many decades, just feet from this spot, Snap-on designs were forged into steel solutions for auto mechanics throughout America," said Pinchuk...
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Snap-on is a leading U.S. designer, manufacturer and marketer of tools and equipment to professional tool users.
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