Snap-on (SNA) Looks Well Placed on RCI Initiative & Cost Plans
SNASnap-on(SNA) Zacks Investment Research·2024-01-08 23:32

Snap-on Incorporated (SNA) has been in good strides driven by solid market positioning and positive near- term prospects, underpinned by innovative products, a resilient franchise network and robust financial performance. Continued positive business momentum and contributions from its Value Creation plan have been key drivers. SNA is on track with its Rapid Continuous Improvement (“RCI”) process and other cost-reduction initiatives. Higher sales volume, pricing actions, lower material and other costs, as we ...