SN
SNA
Quarter ended Mar 30, 2024 · FY2024 Q1

Snap-on (SNA) Revenue — Quarter Ended Mar 30, 2024

Revenue for the quarter was essentially flat compared with the same quarter one year earlier. Sequentially, revenue declined from the immediately preceding quarter.

Key takeaway

Quarter ended Mar 30, 2024 · FY2024 Q1

Revenue for the quarter was essentially flat compared with the same quarter one year earlier. Sequentially, revenue declined from the immediately preceding quarter.

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

-1.2%

Change from the immediately preceding quarter.

Year-over-year

-0.1%

Change from the comparable year-ago quarter.

Trailing four quarters

$4.7B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jul 1, 2023$1.2B+4.8%
Sep 30, 2023$1.2B+5.1%
Dec 30, 2023$1.2B-21.9%
Mar 30, 2024$1.2B-0.1%

Revenue performance

The reported revenue decreased relative to the prior quarter, while the year-over-year change was minimal.

Quarterly comparison

Compared with the immediately preceding quarter, revenue was lower. Versus the same quarter one year ago, revenue was nearly unchanged.

What to watch

The sequential decline in revenue may warrant attention in the next quarter.