实耐宝 2026年季度报告

FORM 10-Q (Mark one) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended July4, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the transition period fromtoCommission File Number 1-7724Snap-on Incorporated (Exact name of registrant as specified in its charter) 39-0622040(I.R.S. Employer Identification No.) Delaware(State of incorporation) 2801 80th Street,Kenosha,Wisconsin53143(Address of principal executive offices)(Zip code) (262) 656-5200 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, $1.00 par valueSNANew York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreportingcompany,”and“emerginggrowthcompany”inRule12b-2oftheExchangeAct. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date: Outstanding at July 17, 202651,727,124 shares Table of Contents TABLE OF CONTENTS Part I: Financial Information Item1.Financial StatementsCondensed Consolidated Statements of Earnings (unaudited) – Three and Six Months Ended July 4, 2026, andJune 28, 20253Condensed Consolidated Statements of Comprehensive Income (unaudited) – Three and Six Months Ended July4, 2026, and June 28, 20254Condensed Consolidated Balance Sheets (unaudited) – July 4, 2026, and January 3, 20265Condensed Consolidated Statements of Equity (unaudited) – Three and Six Months Ended July 4, 2026, and June28, 20257Condensed Consolidated Statements of Cash Flows (unaudited) – Six Months Ended July 4, 2026, and June 28,20259Notes to Condensed Consolidated Financial Statements (unaudited)10Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations42Item 3.Quantitative and Qualitative Disclosures About Market Risk59Item 4.Controls and Procedures59Part II: Other InformationItem 2.Unregistered Sales of Equity Securities and Use of Proceeds60Item 5.Other Information61Item6.Exhibits62Signatures63 SNAP-ON INCORPORATEDCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Amounts in millions)(Unaudited) SNAP-ON INCORPORATEDCONDENSED CONSOLIDATED BALANCE SHEETS(Amounts in millions, except share data)(Unaudited) July 4,2026January 3, 2026 SNAP-ON INCORPORATEDCONDENSED CONSOLIDATED BALANCE SHEETS(Amounts in millions, except share data)(Unaudited) July 4,2026January 3, 2026 SNAP-ON INCORPORATEDCONDENSED CONSOLIDATED STATEMENTS OF EQUITY(Amounts in millions, except share data)(Unaudited) The following summarizes the changes in total equity for the three month period ended July4, 2026: The following summarizes the changes in total equity for the six month period ended July4, 2026: See Notes to Condensed Consolidated Financial Statements. See Notes to Condensed Consolidated Financial Statements. SNAP-ONINCORPORATEDNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) Note 1: Summary of Accounting Policies Principles of consolidation and presentation:The Condensed Consolidated Financial Statements include the accounts of Snap-onIncorporatedand its wholly-owned and majority-owned subsidiaries(collectively,“Snap-on”or the“company”).Snap-on’sCondensed Consolidated Financial Statements are prepared in conformity with generally accepted accounting principles in the UnitedStates of America (“GAAP”). These financial statements should be read in conjunction with, and have been prepared in conformitywith, the ac