The Latest Breaking News from SNA

The home improvement industry has been one of the biggest beneficiaries of the COVID-19 pandemic. Home renovation retailers gained significantly as prolonged indoor stays encouraged people to consider restyling and remodeling their homes. Furthermore, a growing inclination to transform homes and boost living/working comfort continues to propel the industry’s growth.…

Snap-on (NYSE:SNA) has outperformed the market over the past 20 years by 2.96% on an annualized basis producing an average annual return of 10.13%. Currently, Snap-on has a market capitalization of $11.88 billion.

MINNEAPOLIS — In the Land of 10,000 Lakes, one beach in northern Minnesota stands out. While most of Lake Superior's iconic shoreline is gray rock, this stretch is a surprising pink.

Efforts to ease supply chain disruptions and rising manufacturing and industrial activities should help the tools and accessories manufacturing industry grow substantially this year. This, along with the integration of advanced technologies, should allow Stanley Black & Decker (SWK) and Snap-on (SNA) to benefit in the near term. But which…