Snap-on Q2 FY2026: sales up 4.7%, EPS of $4.96 just shy of consensus
Snap-on posted another steady quarter: sales rose 4.7% to $1.24 billion and gross margin widened to 51.4%, but earnings per share of $4.96 landed just below the $4.9982 consensus. Read this as a steady-as-she-goes story rather than a breakout one: growth was broad but not fast, and operating margins narrowed in two of the three product segments even as the overall gross margin improved.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $4.96 was up 5.1% from $4.72 a year ago, on net earnings of $260.6 million versus $250.3 million. Against the $4.9982 consensus, that is a miss of roughly $0.04 a share, or 0.8%. It is a narrow miss, not a broken quarter: profit still grew 4.1%.
Net sales of $1.24 billion rose 4.7% from $1.18 billion a year earlier. Only $35.5 million of that came from existing businesses, a 3.0% organic gain, with $11.5 million from acquisitions and $8.7 million from favorable currency translation. No revenue consensus was supplied, so there is no beat-or-miss yardstick on the top line.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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