Snap-on Incorporated (NYSE:SNA) Q2 2024 Earnings Conference Call July 18, 2024 10:00 AM ET

Company Participants

Sara Verbsky - Vice President of Investor Relations
Nick Pinchuk - Chief Executive Officer
Aldo Pagliari - Chief Financial Officer

Conference Call Participants

Luke Junk - Baird
Patrick Buckley - Jefferies
Gary Prestopino - Barrington Research
David MacGregor - Longbow Research
Scott Stember - Roth MKM
Christopher Glynn - Oppenheimer
Tom Hayes - CL King

Operator

Good day and welcome to Snap-on the Snap-on Incorporated 2024 Second Quarter Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's remarks, there will be an opportunity to ask questions. [Operator Instructions] Please note, that this event is being recorded.

I would now like to turn the conference over to Sara Verbsky, Vice President Investor Relations. Please go ahead.

Sara Verbsky

Thank you, Cole and good morning, everyone. We appreciate you joining us today as we review Snap-on's second quarter results which are detailed in our press release issued earlier this morning. We have on the call, Nick Pinchuk, Snap-on's Chief Executive Officer; and Aldo Pagliari, Snap-on's Chief Financial Officer.

Nick will kick-off our call this morning with his perspective on our performance. Aldo will then provide a more detailed review of our financial results. After Nick provides some closing thoughts, we'll take your questions. As usual, we provided slides to supplement our discussion. These slides can be accessed under the Downloads Tab in the webcast [ph], as well as on our website, snapon.com, under the Investors section. These slides will be archived on our website along with the transcript of today's call. Any statements made during this call relative to management's expectations, estimates or beliefs or otherwise discuss management's or the company's outlook, plans or projections are forward-looking statements and actual results may differ materially from those made in such statements. Additional information and the factors that could cause our results to differ materially from those in the forward-looking statements are contained in our SEC filings.

Finally, this presentation includes non-GAAP measures financial performance which are not meant to be considered in isolation or as a substitute for their GAAP counterparts. Additional information regarding these measures is included in our earnings release issued today which can be found on our website.

With that said, I'd now like to turn the call over to Nick Pinchuk. Nick?

Nick Pinchuk

Thanks, Sara. Good morning, everybody. As usual, I'll start with the highlights of our second quarter and I'll provide my perspectives on the results on our markets and our path ahead. After that, Aldo will give you a detailed review of the financials. Our second quarter -- of course, there were challenges uncertainty remain prominent among our technician customers but our Repair Systems & Information, or RS&I Group, with repair shop owners and managers and our commercial and industrial or C&I group, enabling critical tasks outside the vehicle shop.