Snap-on Q2 sales flat at $1,179.4 million; diluted EPS falls to $4.72 from $5.07
Snap-on reported second-quarter 2025 net sales of $1,179.4 million, unchanged from 2024, with an organic decline of 0.7% offset by favorable currency translation. Diluted EPS fell to $4.72 from $5.07, partly because the prior-year quarter included a $0.16 per share benefit from legal payments that did not recur. Shareholders face flat sales and lower per-share profit, and the filing reaffirms a 2025 capital expenditure estimate of about $100 million and a full-year tax rate of 22% to 23%.
Key points
- Net sales of $1,179.4 million were unchanged from the second quarter of 2024; organic sales declined $8.6 million, or 0.7%.
- Net earnings attributable to Snap-on were $250.3 million, or $4.72 per diluted share, versus $271.2 million, or $5.07, a year ago.
- Prior-year results included an $8.7 million, or $0.16 per diluted share, after-tax benefit from legal payments.
- Operating earnings before financial services were 22.0% of net sales, compared with 23.8% last year; 2025 capital expenditures are projected to approximate $100 million.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.