What does tools group — financial services revenue mean?

Revenue earned from interest and fees on credit extended to customers purchasing tools within the Tools Group segment.

Discontinued — last reported Q2 '18

Business Segments · Financial Services Revenue

Tools Group — Financial Services Revenue

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityStable

First reportedQ1 2018

Last reportedQ2 2018Jul 19, 2018

Rolls up toFinancial Services Revenue

How to read this metric

Higher revenue indicates strong demand for credit-financed tool purchases and effective penetration of the financing program among professional technicians. A decline may signal tightening credit standards, reduced demand for high-ticket items, or economic stress among the end-user technician base.

Detailed definition

This metric tracks the interest and fee income generated by the financial services arm supporting the Tools Group segmen...

Peer comparison

Similar to captive finance revenue or interest income reported by industrial equipment manufacturers that provide direct financing solutions to their end-customers.

Metric ID: sna_segment_tools_group_financial_services_revenue

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Frequently Asked Questions

What does tools group — financial services revenue mean?: Revenue earned from interest and fees on credit extended to customers purchasing tools within the Tools Group segment.