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Snap-on Incorporated Finds A Hidden Engine As C&I Profit Surges 41.8%!

Snap-on Incorporated reported second-quarter sales of $1.235 billion, marking a 4.7% increase over the prior year, with 3% organic growth supported by recent acquisitions Hi-Force and Diesel Laptops, and favorable currency translations. The company achieved a gross margin of 51.4%, up 90 basis points, reflecting volume growth and savings from operational improvement initiatives. Consolidated operating earnings before financial services were $268.9 million, with an operating margin of 21.8%, slightly below the 22% reported in 2025. Including financial services operating earnings of $67.5 million, total operating earnings reached $336.4 million with a margin of 25.2%. Net earnings rose by 4.1% to $260.6 million, or $4.96 per diluted share, a 5.1% increase year-over-year. The Commercial & Industrial (C&I) segment delivered the strongest performance, with sales increasing 13.8% (11% organically), driven by growth in Asia-Pacific, Europe, specialty torque, and power tools, as well as gains in aviation and heavy-duty fleets.