Snap-on Inc
SNA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| zXK | LOCK|%rN<@ | LOCK|t@p#lG |
Snap-on Earnings: Higher Diesel Prices Spook Franchisees
Snap-on reported a mixed quarter with revenue down 0.6% to $1.18 billion, but operating deleverage in its auto repair vertical led to an almost 11% reduction in industrial operating profit to $248 million. EPS compressed almost 8% to $4.64 per share.
