Snap-on Inc. Files 10-Q for Q2 2024

Ticker: SNA · Form: 10-Q · Filed: 2024-07-18T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

Snap-on's Q2 2024 10-Q is in, check financials.

AI Summary

Snap-on Inc. reported its second quarter results for the period ending June 29, 2024. The company's filing indicates financial performance for the period, with specific details on revenue categories and financial services. The filing also includes historical data and references to accounting standards for assets and liabilities.

Why It Matters

This filing provides investors and analysts with the latest financial performance data for Snap-on Inc., crucial for understanding the company's current operational health and future prospects.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial information.

Key Numbers

Key Players & Entities

FAQ

What is the total revenue for Snap-on Inc. for the second quarter of 2024?

The provided text does not explicitly state the total revenue figure for the second quarter of 2024, but it references 'sna:revenueCategory' and 'sna:ProductAndServicesExcludingFinancialSer'.

What is the company's primary industry classification?

Snap-on Inc. is classified under 'CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]'.

When was the current 10-Q filing submitted to the SEC?

The filing was submitted on 20240718.

What is the company's principal business address?

The business address is 2801 80TH STREET, KENOSHA, WI 53143.

What are some of the accounting standards referenced in the filing regarding liabilities?

The filing references accounting standards for 'OtherAccruedLiabilitiesCurrent' and 'OtherLiabilitiesNoncurrent'.

From the Filing

0000091440-24-000051.txt : 20240718 0000091440-24-000051.hdr.sgml : 20240718 20240718112306 ACCESSION NUMBER: 0000091440-24-000051 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 112 CONFORMED PERIOD OF REPORT: 20240629 FILED AS OF DATE: 20240718 DATE AS OF CHANGE: 20240718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snap-on Inc CENTRAL INDEX KEY: 0000091440 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 390622040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-07724 FILM NUMBER: 241124046 BUSINESS ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53143 BUSINESS PHONE: 2626565200 MAIL ADDRESS: STREET 1: 2801 80TH STREET CITY: KENOSHA STATE: WI ZIP: 53143 FORMER COMPANY: FORMER CONFORMED NAME: SNAP-ON Inc DATE OF NAME CHANGE: 20080918 FORMER COMPANY: FORMER CONFORMED NAME: SNAP ON INC DATE OF NAME CHANGE: 19940519 FORMER COMPANY: FORMER CONFORMED NAME: SNAP ON TOOLS CORP DATE OF NAME CHANGE: 19920703 10-Q 1 sna-20240629.htm 10-Q sna-20240629 FALSE 2024 Q2 0000091440 12/28 18 2 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares sna:revenueCategory xbrli:pure sna:portfolio_segment sna:revision 0000091440 2023-12-31 2024-06-29 0000091440 2024-07-12 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2024-03-31 2024-06-29 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-04-02 2023-07-01 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-12-31 2024-06-29 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-01-01 2023-07-01 0000091440 us-gaap:FinancialServiceMember 2024-03-31 2024-06-29 0000091440 us-gaap:FinancialServiceMember 2023-04-02 2023-07-01 0000091440 us-gaap:FinancialServiceMember 2023-12-31 2024-06-29 0000091440 us-gaap:FinancialServiceMember 2023-01-01 2023-07-01 0000091440 2024-03-31 2024-06-29 0000091440 2023-04-02 2023-07-01 0000091440 2023-01-01 2023-07-01 0000091440 2024-06-29 0000091440 2023-12-30 0000091440 us-gaap:FinanceReceivablesMember 2024-06-29 0000091440 us-gaap:FinanceReceivablesMember 2023-12-30 0000091440 us-gaap:LoansReceivableMember 2024-06-29 0000091440 us-gaap:LoansReceivableMember 2023-12-30 0000091440 us-gaap:LandMember 2024-06-29 0000091440 us-gaap:LandMember 2023-12-30 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2024-06-29 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2023-12-30 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2024-06-29 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2023-12-30 0000091440 us-gaap:CommonStockMember 2024-03-30 0000091440 us-gaap:AdditionalPaidInCapitalMember 2024-03-30 0000091440 us-gaap:RetainedEarningsMember 2024-03-30 0000091440 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-30 0000091440 us-gaap:TreasuryStockCommonMember 2024-03-30 0000091440 us-gaap:NoncontrollingInterestMember 2024-03-30 0000091440 2024-03-30 0000091440 us-gaap:RetainedEarningsMember 2024-03-31 2024-06-29 0000091440 us-gaap:NoncontrollingInterestMember 2024-03-31 2024-06-29 0000091440 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 2024-06-29 0000091440 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 2024-06-29 0000091440 us-gaap:TreasuryStockCommonMember 2024-03-31 2024-06-29 000009

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