Snap-on (SNA) Revenue — Quarter Ended Jul 1, 2023
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential gain was modest, while the year-over-year rise was more pronounced.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential gain was modest, while the year-over-year rise was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $1.1B | +6.3% |
| Dec 31, 2022 | $1.5B | +3.2% |
| Apr 1, 2023 | $1.2B | +7.7% |
| Jul 1, 2023 | $1.2B | +4.8% |
Revenue performance
The reported revenue direction was positive, reflecting a year-over-year increase that outpaced the sequential change.
Quarterly comparison
Compared with the immediately preceding quarter, revenue edged higher. Versus the same quarter one year earlier, revenue showed a stronger advance.
What to watch
The filing context discusses liquidity and capital resources but does not attribute the revenue change to any specific factor.