From Barchart: 2025-05-10 17:15:00

Snap-on (NYSE:SNA) missed revenue expectations in Q1 CY2025, with sales falling 3% to $1.24 billion. Non-GAAP profit was $4.51 per share, 6.3% below estimates. CEO cited declining technician confidence and economic uncertainty as challenges. Looking ahead, management remains cautious due to macroeconomic headwinds and tariffs. International markets fared better than North America. Snap-on plans to focus on lower-priced products and support franchisees. Analysts question shift to entry-level items, promotional strategy, and impact of external factors. Market indices are at historic highs, but new trade policies pose uncertainty. Explore top momentum stocks for growth opportunities.



Read more at Barchart: Revenue Miss and Margin Pressure Amid Technician Uncertainty