Snap-on (SNA) Revenue — Quarter Ended Sep 28, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed over recent periods.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue declined in the current quarter compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed over recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.8%
Change from the immediately preceding quarter.
Year-over-year
-1.1%
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 ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 30, 2023 | $1.2B | -21.9% |
| Mar 30, 2024 | $1.2B | -0.1% |
| Jun 29, 2024 | $1.2B | -1.1% |
| Sep 28, 2024 | $1.1B | -1.1% |
Revenue performance
Reported revenue was lower than the immediately preceding quarter, marking a sequential decline. The year-over-year comparison also showed a decrease from the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue contracted, and the year-ago comparison also reflected a decline. The trailing twelve-month revenue was lower than the total of the four most recent quarters combined.
What to watch
Monitor whether the sequential revenue decline persists in the next reporting period.