Brief: Snap-On Inc Says Projected That Capital Expenditures In 2023 Will Approximate $100 Million, Of Which $23.0 Million Was Incurred In First Three Months Of Year

Snap-On

20/04/2023 12:19

April 20 (Reuters) - Snap-On Inc  SNA.N :
    * SNAP-ON INC - QTRLY SALES OF $1,183.0 MILLION UP 7.8%
    * SNAP-ON ANNOUNCES FIRST QUARTER 2023 RESULTS
    * SNAP-ON INC - QTRLY DILUTED EPS OF $4.60
    * SNAP-ON INC - ANTICIPATES THAT ITS FULL YEAR 2023
EFFECTIVE
INCOME TAX RATE WILL BE IN RANGE OF 23% TO 24%
    * SNAP-ON INC - PROJECTED THAT CAPITAL EXPENDITURES IN 2023
WILL
APPROXIMATE $100 MILLION, OF WHICH $23.0 MILLION WAS INCURRED IN
FIRST THREE MONTHS OF YEAR

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 ((Reuters.Briefs@thomsonreuters.com;))