Snap-On (SNA)
Frequently Asked Questions About Snap-On (SNA)
Does Snap-On offer warranty on its products?
Yes, Snap-On offers warranties on most of its products. The warranty generally covers defects in workmanship and materials, reinforcing the company's commitment to quality and customer satisfaction.
How does Snap-On engage with the community?
Snap-On engages with the community through various initiatives, including educational programs, technical training, and partnerships with local organizations. This engagement is part of their broader commitment to fostering skills development and supporting future generations of professionals.
How does Snap-On manage its supply chain?
Snap-On manages its supply chain using a combination of strategic partnerships with suppliers, a commitment to quality control, and advanced logistics systems. This integrated approach allows for efficient production and distribution of their products while maintaining high standards.
How does Snap-On support its customers?
Snap-On provides extensive support to its customers through training, technical assistance, and a robust warranty program. This commitment to customer service ensures that professionals can maximize their productivity and efficiently use their tools.
How many employees does Snap-On have?
Snap-On employs approximately 12,000 people worldwide as of the latest reports. This workforce includes professionals in manufacturing, engineering, sales, and customer support, all working together to meet the needs of their customers.
Is Snap-On a publicly traded company?
Yes, Snap-On is a publicly traded company listed on the New York Stock Exchange under the ticker symbol SNA. The company has been publicly traded since 1980, allowing investors to purchase shares in the business.
What are Snap-On's growth strategies?
Snap-On's growth strategies focus on expanding its product offerings, enhancing its customer engagement through innovative technologies, and increasing its presence in global markets. They aim to leverage their strong brand reputation and comprehensive service model to drive sales and customer loyalty.
What are Snap-On's key markets?
Snap-On's key markets include the automotive, aviation, industrial, and marine sectors. The company has a strong presence in North America, Europe, and Asia, and is continuously seeking to expand its reach in emerging markets.
What are Snap-On's sustainability efforts?
Snap-On is dedicated to sustainability and has implemented various initiatives aimed at reducing its environmental impact. This includes improving energy efficiency in manufacturing processes, reducing waste, and providing products that promote sustainability and safety.
What differentiates Snap-On from its competitors?
Snap-On differentiates itself from competitors through its superior product quality, innovative technology, and unparalleled customer service. The company's direct sales model allows for personalized service, ensuring that professional users receive expert advice and support tailored to their specific needs.
What does Snap-On do?
Snap-On is a global manufacturer and distributor of tools, equipment, diagnostics, and repair information for professional use in the automotive, aviation, marine, and industrial sectors. The company is best known for its high-quality hand tools and tool storage solutions.
What is Snap-On's approach to innovation?
Snap-On places a strong emphasis on innovation, continuously investing in research and development to create new products and improve existing ones. Their focus on innovation helps meet the evolving needs of professionals in various industries, ensuring they have access to cutting-edge tools and technologies.
What is Snap-On's business model?
Snap-On operates on a business model that combines direct sales through franchised dealerships and a network of company-owned stores. This allows them to reach customers directly where they work, providing convenient access to their wide range of professional tools and equipment.
What is Snap-On's commitment to quality?
Snap-On is committed to maintaining high standards of quality in its products. The company employs rigorous testing and quality control processes to ensure that every tool and piece of equipment meets strict performance and durability standards, problem-solving needs in professional settings.
What technology does Snap-On integrate into its tools?
Snap-On integrates advanced technology into its tools and equipment, including diagnostic software, data analytics capabilities, and mobile applications that help technicians optimize their workflow and enhance efficiency in diagnostics and repairs.
What types of products does Snap-On offer?
Snap-On offers an extensive range of products, including hand tools, power tools, tool storage solutions, diagnostic equipment, software, and workshop equipment. Their product range caters to various sectors, ensuring that every professional has the right tools for their needs.
When was Snap-On founded?
Snap-On was founded in 1920 by Joseph Johnson and his partners in Kenosha, Wisconsin. Initially, the company started as a manufacturer of interchangeable socket sets and has since expanded its product line to include a wide range of automotive repair tools and equipment.
Where is Snap-On headquartered?
Snap-On's headquarters is located in Kenosha, Wisconsin, USA. The facility oversees various operations including manufacturing, engineering, and corporate functions.
Who are Snap-On's primary customers?
Snap-On primarily serves professionals in the automotive repair, aviation, industrial, and marine sectors. Their products are used by mechanics, technicians, and craftsmen who demand high-quality tools and equipment.
Who is Snap-On's CEO?
As of October 2023, Nick Pinchuk serves as the Chairman and CEO of Snap-On. He has been with the company for several years and has played a significant role in its growth and strategic direction.
What is the current price of Snap-On?
The current price of Snap-On is 342.20
When was Snap-On last traded?
The last trade of Snap-On was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of Snap-On?
The market capitalization of Snap-On is 18.47B
How many shares of Snap-On are outstanding?
Snap-On has 53.97M shares outstanding.