Christopher Glynn's questions to Snap-on (SNA) leadership • Q3 2025
Question
Christopher Glynn (Oppenheimer) inquired about the consistent growth in Snap-on's Repair Systems & Information (RS&I) diagnostics business, the stabilization of undercar equipment sales, and the performance of European tools within the Commercial & Industrial (CNI) Group.
Answer
CEO Nick Pinchuk noted improved product launches and sequential performance across RS&I, with undercar sales stabilizing after previous declines. He also observed a bifurcation in European markets, with transactional business being flattish but project-based critical industries showing strength.