Snap-on beats Q3 expectations with strong sales and EPS growth

KENOSHA, Wis. - On Thursday, Snap-on Incorporated (NYSE:SNA) reported third quarter 2025 results that exceeded analyst expectations, with earnings per share of $5.02 beating estimates by $0.39 and revenue of $1.19 billion surpassing the consensus estimate of $1.16 billion.

Following the earnings release, in pre-market trading Snap-on’s stock dipped slightly by 0.20%.

The tool manufacturer posted a 3.8% increase in sales compared to the third quarter of 2024, with organic sales growth of 3.0%. Diluted earnings per share of $5.02 included a $0.31 per share benefit from a legal settlement, compared to $4.70 in the same period last year.

"Our third quarter was encouraging, as it demonstrates our continuing momentum in meeting and overcoming the considerable uncertainty and the unprecedented trade turbulence of these days," said Nick Pinchuk, Snap-on chairman and chief executive officer. "Despite the current volatility of this time, we believe our results show the diverse opportunities along our runways for growth in activities both within automotive repair and with customers outside the garage."

The company’s Repair Systems & Information Group showed the strongest performance with an 8.9% organic sales increase, while the Snap-on Tools Group reported a modest 1.0% organic sales gain. The Commercial & Industrial Group experienced a slight organic sales decline of 0.8%.

Gross margin remained resilient at 50.9% for the quarter, and consolidated operating earnings as a percentage of revenues improved to 26.9% compared to 26.0% in the prior year.

Snap-on maintained its full-year 2025 guidance, projecting capital expenditures of approximately $100 million and an effective income tax rate in the range of 22% to 23%.

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