Snap-on Inc.: Will Its Software & Artificial Intelligence Integration Help Alter The Playing Field? 

Snap-on Incorporated’s first quarter of 2025 reflected mixed results influenced by a variety of external factors and internal strategies. The company’s sales totaled $1,141.1 million, indicating a 3.5% decline year-over-year, also impacted by a 2.3% organic sales decrease and $13.9 million in unfavorable foreign currency translation. Despite this, Snap-on demonstrated resilience with a slight improvement in its gross margin, which rose 20 basis points to 50.7%, highlighting the benefits of RCI (Rapid Continuous Improvement) initiatives.