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Stock impact report

CEOs Don't Know What to Make of the US Election, Either [BNN Bloomberg (Canada)]

Snap-On Incorporated (SNA) 
Last snap-on incorporated earnings: 4/21 06:30 am Check Earnings Report
US:NYSE Investor Relations: snapon.com/en/investors/investor-events
Company Research Source: BNN Bloomberg
Earnings calls in recent weeks have been filled with talk of uncertainty about the aftermath of Tuesday's election, which has delayed spending as potential policy changes loom large. And things are more intense in this presidential election cycle. Mentions of “election” near the word “uncertainty” on S&P 500 companies' quarterly earnings calls this year are markedly higher than they were before the 2020 election. “Welcome to the Mad Hatter's tea party,” Nicholas Pinchuk, tool maker Snap-On Inc.'s chief executive officer, said on the company's Oct. 17 third-quarter earnings call. “Nobody knows what actually is going to happen, so you can't even make a pronouncement.” Subscribe to the Bloomberg Daybreak podcast on Apple, Spotify or anywhere you listen.?????? Much of the C-suite angst is over the risk of additional tariffs, particularly if Republican Donald Trump wins another term. Business leaders say new fees on imported goods could increase costs up and down the supply chain, Show less Read more
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