October 22, 2020, 2:17 pm EDT
Tools and Franchise Snap-On Inc (SNA)
Snap-On Inc (SNA) is an American designer, manufacturer and marketer of high-end tools and equipment with 100 years history in running its business. Solid fundamental and its franchise business model makes SNA a base and breakout today +8% after quarterly earning report.
- Diluted EPS of $3.28 increases 10.8%;
- Operating margin before financial services of 19.7% improves 110 basis points;
- Reported net sales up 4.4%; Organic net sales up 3.8%
Its chart looks bullish after breaking out 160 to begin its uptrend journey.