Snap-on Inc. Files Q3 2024 10-Q Report
Ticker: SNA · Form: 10-Q · Filed: 2024-10-17T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Snap-on filed its Q3 2024 10-Q. Financials look solid.
AI Summary
Snap-on Incorporated filed its 10-Q for the period ending September 28, 2024. The company, headquartered in Kenosha, WI, reported its financial performance for the third quarter of 2024. Key financial data and operational details are presented in this filing, which follows the SEC's reporting requirements for public companies.
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 health and future prospects.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing financial updates, not indicating any immediate or significant new risks.
Key Numbers
- 20240928 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial results are reported.)
- 20241017 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- Snap-on Inc (company) — Filer of the 10-Q report
- 20240928 (date) — End of the reporting period
- 20241017 (date) — Date of filing
- Kenosha, WI (location) — Company headquarters
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ending September 28, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on October 17, 2024.
What is the company's headquarters location?
Snap-on Incorporated's business address is in Kenosha, WI.
What is the Standard Industrial Classification for Snap-on Inc.?
The SIC code for Snap-on Inc. is 3420, which falls under CUTLERY, HANDTOOLS & GENERAL HARDWARE.
What is the fiscal year end for Snap-on Inc.?
Snap-on Inc.'s fiscal year ends on December 28.
From the Filing
0000091440-24-000062.txt : 20241017 0000091440-24-000062.hdr.sgml : 20241017 20241017111357 ACCESSION NUMBER: 0000091440-24-000062 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 112 CONFORMED PERIOD OF REPORT: 20240928 FILED AS OF DATE: 20241017 DATE AS OF CHANGE: 20241017 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: 241376442 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-20240928.htm 10-Q sna-20240928 FALSE 2024 Q3 0000091440 12/28 15 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 2024-09-28 0000091440 2024-10-11 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2024-06-30 2024-09-28 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-07-02 2023-09-30 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-12-31 2024-09-28 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-01-01 2023-09-30 0000091440 us-gaap:FinancialServiceMember 2024-06-30 2024-09-28 0000091440 us-gaap:FinancialServiceMember 2023-07-02 2023-09-30 0000091440 us-gaap:FinancialServiceMember 2023-12-31 2024-09-28 0000091440 us-gaap:FinancialServiceMember 2023-01-01 2023-09-30 0000091440 sna:ProductAndServicesIncludingFinancialServicesMember 2024-06-30 2024-09-28 0000091440 sna:ProductAndServicesIncludingFinancialServicesMember 2023-07-02 2023-09-30 0000091440 sna:ProductAndServicesIncludingFinancialServicesMember 2023-12-31 2024-09-28 0000091440 sna:ProductAndServicesIncludingFinancialServicesMember 2023-01-01 2023-09-30 0000091440 2024-06-30 2024-09-28 0000091440 2023-07-02 2023-09-30 0000091440 2023-01-01 2023-09-30 0000091440 sna:ScenarioRoundingMember 2024-06-30 2024-09-28 0000091440 sna:ScenarioRoundingMember 2023-07-02 2023-09-30 0000091440 sna:ScenarioRoundingMember 2023-12-31 2024-09-28 0000091440 sna:ScenarioRoundingMember 2023-01-01 2023-09-30 0000091440 2024-09-28 0000091440 2023-12-30 0000091440 us-gaap:FinanceReceivablesMember 2024-09-28 0000091440 us-gaap:FinanceReceivablesMember 2023-12-30 0000091440 us-gaap:LoansReceivableMember 2024-09-28 0000091440 us-gaap:LoansReceivableMember 2023-12-30 0000091440 us-gaap:LandMember 2024-09-28 0000091440 us-gaap:LandMember 2023-12-30 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2024-09-28 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2023-12-30 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2024-09-28 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2023-12-30 0000091440 us-gaap:CommonStockMember 2024-06-29 0000091440 us-gaap:AdditionalPaidInCapitalMember 2024-06-29 0000091440 us-gaap:RetainedEarn