This chapter discusses the continuous growth and strong performance of Snap-on, a tool company specializing in automotive repair. They highlight the company's increase in net sales and earnings, as well as their investment in research and development. The chapter also includes regret for not researching the company earlier and underestimating its value.
Welcome to Episode 168 of our podcast, where we dive into the latest developments in the world of dividend investing. In this episode, we explore the exciting landscape of the 3rd Quarter Earnings Season, delving into the financial performances and strategic moves of major companies.
But first, we pose a critical question to our listeners in our Podcast Question of the Week: "Do you read/listen to some of the earnings of the companies in your portfolio?"
Share your insights with us by voting "Yes" or "No." in the poll related to this episode.
News of the Week:
Walgreens Boots Alliance (WBA) Settles Rite Aid Investors' Merger Claims: Discover the details of Walgreens' $192.5 million settlement to resolve a class action lawsuit involving Rite Aid investors. Learn how this legal dispute originated from allegations of misleading information regarding a pending merger and the subsequent impact on both companies.
Amazon's Drone Delivery Expansion: Amazon is taking delivery services to new heights by announcing its plans to launch drone deliveries in Italy, the UK, and another location in the United States starting in late 2024. Understand how this expansion will revolutionize the delivery landscape and integrate with Amazon's existing network.
Main Topic: earnings from
- EssilorLuxottica (Ticker: ESLOF) - Insights into their Real Internal Growth (RIG) measurement.
- Nestlé (Ticker: NSRGF) - A deep dive into Nestlé's CEO's perspective and their commitment to responsible marketing and product improvement.
- Johnson & Johnson (Ticker: JNJ) - Analyzing J&J's 2023 Third-Quarter reported sales growth and earnings.
- ASML (Ticker: ASML) - Updates on ASML's expectations for 2023.
- SAP - Stay tuned for insights into SAP's latest developments.
- Snap-On - An overview of Snap-On's net sales growth, segmented into different groups, and their CEO's insights on the company's performance.
Listener Questions:
We also tackle a variety of listener questions related to investing strategies, stock choices, and financial decisions. Join us as we address your inquiries and provide expert insights.
Stay informed and engaged in the world of finance and investing with our latest episode. Don't forget to cast your vote in our Podcast Question of the Week.
Thank you for tuning in, and remember to stay updated with the latest financial news and insights. Happy investing!
Companies Mentioned:
- Walgreens Boots Alliance (Ticker: WBA)
- Amazon $AMZN
- L'Oréal $OR.PA
- EssilorLuxottica (Ticker: ESLOF)
- Nestlé (Ticker: NSRGF)
- Johnson & Johnson (Ticker: JNJ)
- ASML (Ticker: ASML)
- SAP $SAP
- Snap-On $SNA
