Snap-On Inc at Bank of America Consumer & Retail Technology Conference Transcript

Mar 09, 2022 / 04:20PM GMT
Elizabeth Lane Suzuki - BofA Securities, Research Division - VP

All right. Great. Well, thank you so much for joining us. For those of you who are in the room and those of you who are online, we appreciate your time today. I'm Elizabeth Suzuki. I am the hardline retail analyst at Bank of America, and I'm really glad to be joined by the team of Snap-on today, including CEO, Nicholas Pinchuk. So thank you so much for being here with us.

So I guess, first, I would love it if you could give our audience a little bit of background on Snap-on, the size of your addressable market and who your core customers are across the business segments.

Nicholas T. Pinchuk - Snap-on Incorporated - Chairman, CEO & President

It's hard to define our market because it depends on -- we're kind of a tools company. So if you add another tool, is that part of your market or not. So it tends to be expensive [or $4 billion] company and change. We're the market leader in most of the markets we prosecute. Look, our business, I think can best understand it by the divisions. So we

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