Snap-on Q2 2026 sales rise 4.7% to $1.2 billion; diluted EPS $4.96 vs $4.72
Snap-on reported second-quarter 2026 results for the period ended July 4, 2026, with net sales of $1.2 billion, up 4.7% from a year earlier, and diluted earnings per share of $4.96 versus $4.72. Organic sales rose 3.0%, and gross margin improved to 51.4% from 50.5%. The filing gives no full-year guidance change; it projects 2026 capital expenditures of about $100 million and a full-year effective tax rate of about 22%.
Key points
- Net sales of $1,235.1 million, up $55.7 million or 4.7%, including a 3.0% organic gain
- Net earnings attributable to Snap-on of $260.6 million, or $4.96 per diluted share, versus $250.3 million, or $4.72, a year ago
- Gross margin of 51.4% versus 50.5%; operating earnings before financial services were 21.8% of net sales versus 22.0%
- Repair Systems & Information Group operating margin fell to 24.0% from 25.6%; the Commercial & Industrial Group margin rose to 16.8% from 13.5%
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 23, 2026.
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.