Snap-on sales up despite impact of hurricanes

Storms cost around $8 million in revenue

Kenosha-based Snap-on Inc. saw its profits and revenue increase during the third quarter, despite losing out on $8 million in sales because of hurricanes and recording a $15 million legal charge.

The company reported net income of $133.4 million, a 1.3 percent increase over the same period last year. Earnings improved from $2.22 to $2.29 per diluted share.


Read the entire story at BizTimes.

Go Back