Snap-on Inc

SNA: XNYS (USA)
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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.

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