Q1 2026 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | -4.3% | The overall revenue decline of 4.3% (from $1,299.2 million to $1,243.2 million) reflects the cumulative impact of weaker net sales across regions, with declines in North America, Europe, and All Other regions outweighing a modest gain in Financial Services. This pattern is consistent with recent trends seen in prior periods. |
North America Revenue | -4.9% | The 4.9% decline in North America revenue (from $897.2 million to $853.4 million) indicates regional market softening, which may be due to decreased sales volume or competitive pressures—a scenario that aligns with earlier downside trends. |
Europe Revenue | -4.3% | A 4.3% drop in Europe revenue (from $185.9 million to $177.9 million) suggests that similar market challenges, including potential impacts from foreign currency translation and subdued demand, continued to influence performance as observed in adjacent periods. |
All Other Regions | -5.0% | The 5.0% decline in revenue for All Other regions (from $115.6 million to $109.8 million) points to heightened vulnerability in these markets, likely impacted by local economic headwinds and volatility, which have also affected other segments in previous quarters. |
Financial Services | +1.6% | An increase of 1.6% in Financial Services revenue (from $100.5 million to $102.1 million) reflects improvements in portfolio quality and yields, partially offsetting declines in other segments, echoing earlier modest gains seen in prior period analyses. |
Research analysts covering Snap-on.