Snap-on Inc (NYSE:SNA)
$ 279.93 -0.98 (-0.35%) Market Cap: 14.76 Bil Enterprise Value: 14.94 Bil PE Ratio: 14.69 PB Ratio: 2.87 GF Score: 91/100
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Snap-On Inc at Bank of America Merrill Lynch Consumer & Retail Technology Conference Transcript

Mar 13, 2019 / 12:00PM GMT
Release Date Price: $158.92 (-0.84%)
Curtis Smyser Nagle;Nicholas T. Pinchuk
BofA Merrill Lynch, Research Division - VP

(technical difficulty)

Snap-on, which is a leading manufacturer of premium tools, tool storage, equipment diagnostics and serving exclusively professional customers in auto repair, dealerships, various industries, commodity markets and the military and government. Over a history of nearly 100 years, Snap-on's developed a very strong reputation for building high quality and precision tools. They've also done a great job of building very strong brand, that has very high loyalty, and so much so that Snap-on actually has 200,000 Instagram followers, which I think is sort of incredible for a company that manufactures tools and distributes them. From Snap-on, we have Nick Pinchuk, who served as the CEO past 11 years and Chairman for the past 10. Prior to that, he served as Snap-on's COO and held senior roles at United, Carrier and Ford.

And with that, I'm going to turn it over to Nick for a quick presentation. I'll follow it with some Q&A and then questions from the audience.

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