Snap-on Inc
SNA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|XQ | LOCK|S$jZ | LOCK|?V!^H^ |
Snap-on Earnings: Diagnostics a Bright Spot Amid an Otherwise Uncertain Environment
Snap-on delivered modest EPS growth (7%) in the third quarter though largely a function of a one-time legal settlement. The clear bright spot was diagnostics sales to OEM and independent repair shops in the repair systems business that posted almost 9% organic growth, offsetting weakness elsewhere.
