Snap-on Files 8-K on Financial Condition & Operations
Ticker: SNA · Form: 8-K · Filed: Feb 8, 2024 · CIK: 91440
Complexity: simple
Sentiment: neutral
Topics: results-of-operations, financial-condition, 8-K
TL;DR
**Snap-on just dropped an 8-K on its financials, get ready for potential stock movement.**
AI Summary
Snap-on Incorporated filed an 8-K on February 8, 2024, to report its results of operations and financial condition. This filing, under SEC File Number 001-07724, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely glimpse into the company's health, which can influence stock price and future investment decisions, especially for those holding or considering buying Snap-on's Common Stock, $1.00 par value, traded on the New York Stock Exchange under the symbol SNA.
Why It Matters
This filing provides investors with crucial, up-to-date financial information, enabling them to assess Snap-on's performance and make informed decisions about their investments.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, not an announcement of a major negative event.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they become available to understand the specifics of Snap-on's performance and adjust their investment thesis accordingly.
Key Numbers
- 001-07724 — SEC File Number (identifies Snap-on's registration with the SEC)
- 20240208 — Date of Report (the date the earliest event reported in the 8-K occurred)
Key Players & Entities
- Snap-on Incorporated (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where Snap-on's Common Stock is registered
- $1.00 (dollar_amount) — par value of Snap-on's Common Stock
FAQ
What is the primary purpose of this 8-K filing by Snap-on Incorporated?
The primary purpose of this 8-K filing is to report on the company's 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as indicated under the 'ITEM INFORMATION' section.
On what date was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 8, 2024, as stated under 'Date of report (Date of earliest event reported): February 8, 2024'.
What is the trading symbol and exchange for Snap-on Incorporated's Common Stock?
Snap-on Incorporated's Common Stock trades under the symbol 'SNA' on the 'New York Stock Exchange', as detailed in the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is Snap-on Incorporated's state of incorporation and business address?
Snap-on Incorporated is incorporated in 'Delaware' and its business address is '2801 80th Street, Kenosha, Wisconsin 53143-5656'.
Is Snap-on Incorporated considered an emerging growth company according to this filing?
The filing indicates with an unchecked box '☐ Indicate by check mark whether the registrant is an emerging growth company...' that Snap-on Incorporated is not an emerging growth company.
Filing Stats: 452 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2024-02-08 06:36:43
Key Financial Figures
- $1.00 — nge on which registered Common Stock, $1.00 par value SNA New York Stock Exchan
Filing Documents
- a53893643.htm (8-K) — 29KB
- a53893654ex99.htm (EX-99) — 913KB
- 0001157523-24-000193.txt ( ) — 1109KB
- sna-20240208.xsd (EX-101.SCH) — 4KB
- sna-20240208_lab.xml (EX-101.LAB) — 22KB
- sna-20240208_pre.xml (EX-101.PRE) — 16KB
- a53893643_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 8, 2024 , Snap-on Incorporated (the "Corporation") issued a press release announcing results for its fourth quarter and full year ended December 30, 2023 . The text of the press release is furnished herewith as Exhibit 99 to this Current Report on Form 8-K. The press release contains cautionary statements identifying important factors that could cause actual results of the Corporation to differ materially from those described in any forward-looking statement of the Corporation.
01 Financial Statements and Exhibits (furnished
Item 9.01 Financial Statements and Exhibits (furnished pursuant to Item 2.02) (d) Exhibits 99 Press Release of Snap-on Incorporated, dated February 8, 2024
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Snap-on Incorporated has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SNAP-ON INCORPORATED Date: February 8, 2024 By: /s/Aldo J. Pagliari Aldo J. Pagliari, Principal Financial Officer, Senior Vice President – Finance and Chief Financial Officer