Snap settled a lawsuit with two teenagers claiming the app contributed to their mental health struggles, allowing the company to avoid another high-profile social media addiction trial.

SNAP-ON $SNA Q3’26 EARNINGS HIGHLIGHTS 🔹 Net Sales: $1.18B (Est. $1.25B) 🔴; -0.6% YoY 🔹 EPS: $4.64 (Est. $4.93) 🔴 🔹 Organic Sales: -2.8% YoY Segment Net Sales: 🔹 Commercial & Industrial Group: $404.3M 🔹 Snap-on Tools Group: $471.5M 🔹 Repair Systems & Information Group: $454.7M Segment Operating Earnings: 🔹 Commercial & Industrial Group: $74.7M 🔹 Snap-on Tools Group: $84.8M 🔹 Repair Systems & Information Group: $116.1M 🔹 Financial Services: $68.3M Other Q3 Metrics: 🔹 Op. Earnings before Fin. Services: $248.1M 🔹 Op. Margin before Fin. Services: 21.0% 🔹 Consolidated Oper Earnings: $316.4M 🔹 Financial Services Revenue: $98.6M 🔹 Originations: $270.6M 🔹 Net Earnings: $243.0M Key Updates: 🔹 Acquisition-related sales: $25.6M 🔹 Favorable foreign currency translation: $0.4M 🔹 Capital expenditures in 2026 to approximate $100M 🔹 Full-year 2026 effective income tax rate to approximate 22% Comments: 🔸 “Our third quarter was mixed with varied outcomes among our business groups. The results were principally marked by the unprecedentedly accelerated rise in diesel prices, which in our mobile van channel prompted franchisees to reduce inventories despite very stable demand from their technician customers, substantially impacting the Tools Group in the period and overcoming what was an encouraging, record-setting performance in the Commercial & Industrial Group, led by gains in the critical industries and the precision torque arena,”