Snap-on Reports Q1/18 Originations Off 6.5% Year/Year



Snap-on reported financial services revenue in Q1/18 of $83.0 million increased $6.2 million from 2017 levels. Financial services operating earnings of $56.9 million increased $4.4 million from $52.5 million last year.

Snap-on said originations of $247.3 million in Q1/18 decreased $17.3 million or 6.5% from 2017 million last year.

Snap-on finance receivables as of March 31, 2018 of $1,548.1 million compared to $1,544.6 million at Dec. 30, 2017.


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