Snap-on

Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through a franchisee-operated mobile van network that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Bronx,,Ny,-,January,21,,2021:,American,Professional,Tool,Manufacturer

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Snap-On Reports Q4 Sales Growth, Strong Margins: CEO Cites &#39;Rising Complexity Of Vehicle Repair&#39;

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Press Releases

Snap-on Incorporated to Webcast 2024 Second Quarter Results Conference Call

Snap-on Announces Second Quarter 2024 Results

Snap-on Incorporated Declares Quarterly Dividend; Announces $500 Million Share Repurchase Authorization

Snap-on to Present at CL King's 22nd Annual Best Ideas Conference 2024

Snap-on Incorporated to Webcast 2024 Third Quarter Results Conference Call

Snap-on Announces Third Quarter 2024 Results

Snap-on Raises Dividend 15.1%

Snap-on Incorporated to Webcast 2024 Fourth Quarter and Full Year Results Conference Call

Snap-on Announces Fourth Quarter and Full Year 2024 Results

Snap-on Incorporated Declares Quarterly Dividend

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