UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 21, 2004
----------------
Snap-on Incorporated
(Exact name of registrant as specified in its charter)
Delaware 1-7724 39-0622040
-------- ------ ----------
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
10801 Corporate Drive, Pleasant Prairie, Wisconsin 53158-1603
-------------------------------------------------------------
(Address of principal executive offices)
Registrant's telephone number, including area code: (262) 656-5200
---------------
Item 7. Financial Statements and Exhibits
-----------------------------------------
(c) Exhibits
99 Press Release of Snap-on Incorporated, dated January 21, 2004
Item 12. Results of Operations and Financial Condition
------------------------------------------------------
On January 21, 2004, Snap-on Incorporated (the "Corporation") issued a press
release entitled "Snap-on Estimates Results of $1.34 -$1.35 EPS for Full-year
2003; Anticipates EPS of $1.80 - $2.20 for Full-year 2004; Reports strong cash
flow from operating activities - exceeded $175 million for 2003; Signs of
recovery heading into 2004; Expects to accelerate share repurchase activity."
The text of the press release is incorporated herein by reference. The press
release is being furnished pursuant to Item 12 - Results of Operations and
Financial Condition.
The press release also contains cautionary statements identifying important
factors that could cause actual results of the Corporation to differ materially
from those described in any forward-looking statement of the Corporation.
The press release also contains information concerning the impacts of foreign
currency translation on certain items of reported results, and this information
may include non-GAAP financial measures. The Corporation presents information in
this manner to show changes in these items of reported results apart from those
related to the quarterly volatility of foreign currency changes.
2
SIGNATURES
----------
Pursuant to the requirements of the Securities and Exchange Act of 1934, Snap-on
Incorporated has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
SNAP-ON INCORPORATED
Date: January 21, 2004 By: /s/ Martin M. Ellen
------------------------------------------
Martin M. Ellen, Principal Financial Officer,
Senior Vice President - Finance and
Chief Financial Officer
3
EXHIBIT INDEX
Exhibit Number Description
-------------- -----------
99 Press Release of Snap-on Incorporated, dated January 21, 2004
entitled "Snap-on Estimates Results of $1.34 -$1.35 EPS for
Full-year 2003; Anticipates EPS of $1.80 - $2.20 for
Full-year 2004; Reports strong cash flow from
operating activities - exceeded $175 million for
2003; Signs of recovery heading into 2004; Expects to
accelerate share repurchase activity."
4