Snap-on Inc. Files Q1 2025 10-Q

Ticker: SNA · Form: 10-Q · Filed: 2025-04-17T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, hardware

TL;DR

Snap-on's Q1 2025 10-Q is in. Check financials for hand tool giant.

AI Summary

Snap-on Incorporated filed a 10-Q for the period ending March 29, 2025. The company, headquartered in Kenosha, WI, reported financial results for the first quarter of 2025. Key financial data and business segments were detailed in the filing, which also included information on property, plant, and equipment, as well as various accrued and noncurrent liabilities.

Why It Matters

This filing provides investors and analysts with the latest financial performance and position of Snap-on Incorporated, crucial for understanding the company's operational health and future outlook.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant new risks disclosed.

Key Numbers

2025 Q1 — Reporting Period (First quarter of fiscal year 2025)
20250329 — Fiscal Period End Date (The end date for the financial reporting period)
20250417 — Filing Date (The date the report was submitted to the SEC)

Key Players & Entities

Snap-on Inc (company) — Filer of the 10-Q
20250329 (date) — End of the reporting period
20250417 (date) — Filing date
Kenosha, WI (location) — Company headquarters
001-07724 (other) — SEC File Number

FAQ

What were Snap-on's total revenues for the first quarter of 2025?

The filing does not explicitly state the total revenue figure in the provided snippet, but it indicates the reporting period as 2025 Q1 ending March 29, 2025.

What is Snap-on's primary business classification?

Snap-on Inc. is classified under 'CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]' according to the Standard Industrial Classification.

Where is Snap-on Incorporated headquartered?

Snap-on Incorporated is headquartered at 2801 80th Street, Kenosha, WI 53143.

What is the SEC file number for Snap-on Inc.?

The SEC file number for Snap-on Inc. is 001-07724.

What specific financial statement items are referenced in the filing's XBRL data?

The XBRL data references items such as PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization, OtherAccruedLiabilitiesCurrent, and OtherLiabilitiesNoncurrent.

From the Filing

0000091440-25-000031.txt : 20250417 0000091440-25-000031.hdr.sgml : 20250417 20250417111449 ACCESSION NUMBER: 0000091440-25-000031 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 110 CONFORMED PERIOD OF REPORT: 20250329 FILED AS OF DATE: 20250417 DATE AS OF CHANGE: 20250417 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 EIN: 390622040 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-07724 FILM NUMBER: 25845646 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-20250329.htm 10-Q sna-20250329 FALSE 2025 Q1 0000091440 1/3 21 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 353 348 xbrli:shares iso4217:USD iso4217:USD xbrli:shares sna:revenueCategory xbrli:pure sna:portfolio_segment sna:revision 0000091440 2024-12-29 2025-03-29 0000091440 2025-04-11 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2024-12-29 2025-03-29 0000091440 sna:ProductAndServicesExcludingFinancialServicesMember 2023-12-31 2024-03-30 0000091440 us-gaap:FinancialServiceMember 2024-12-29 2025-03-29 0000091440 us-gaap:FinancialServiceMember 2023-12-31 2024-03-30 0000091440 2023-12-31 2024-03-30 0000091440 sna:ScenarioRoundingMember 2023-12-31 2024-03-30 0000091440 2025-03-29 0000091440 2024-12-28 0000091440 us-gaap:FinanceReceivablesMember 2025-03-29 0000091440 us-gaap:FinanceReceivablesMember 2024-12-28 0000091440 us-gaap:LoansReceivableMember 2025-03-29 0000091440 us-gaap:LoansReceivableMember 2024-12-28 0000091440 us-gaap:LandMember 2025-03-29 0000091440 us-gaap:LandMember 2024-12-28 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2025-03-29 0000091440 us-gaap:BuildingAndBuildingImprovementsMember 2024-12-28 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2025-03-29 0000091440 sna:MachineryEquipmentAndComputerSoftwareMember 2024-12-28 0000091440 us-gaap:CommonStockMember 2024-12-28 0000091440 us-gaap:AdditionalPaidInCapitalMember 2024-12-28 0000091440 us-gaap:RetainedEarningsMember 2024-12-28 0000091440 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-28 0000091440 us-gaap:TreasuryStockCommonMember 2024-12-28 0000091440 us-gaap:NoncontrollingInterestMember 2024-12-28 0000091440 us-gaap:RetainedEarningsMember 2024-12-29 2025-03-29 0000091440 us-gaap:NoncontrollingInterestMember 2024-12-29 2025-03-29 0000091440 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-29 2025-03-29 0000091440 us-gaap:AdditionalPaidInCapitalMember 2024-12-29 2025-03-29 0000091440 us-gaap:TreasuryStockCommonMember 2024-12-29 2025-03-29 0000091440 us-gaap:CommonStockMember 2025-03-29 0000091440 us-gaap:AdditionalPaidInCapitalMember 2025-03-29 0000091440 us-gaap:RetainedEarningsMember 2025-03-29 0000091440 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-29 0000091440 us-gaap:TreasuryStockCommonMember 2025-03-29 0000091440 us-gaap:NoncontrollingInterestMember 202