Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite net sales edging down 0.6% to $898.1 million. The earnings were helped by lower operating expenses during the quarter. Excluding special items, the company earned $2.88 per share, higher than $2.85 per share expected by … Continue reading Snap-On delivers 25% jump in Q3 net income