<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF SNAP-ON INCORPORATED AS OF AND FOR THE TWENTY-SIX WEEKS ENDED JULY 4, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> OTHER<F1> <FISCAL-YEAR-END> JAN-02-1999 <PERIOD-START> JAN-04-1998 <PERIOD-END> JUL-04-1998 <CASH> 11,962 <SECURITIES> 0 <RECEIVABLES> 543,386 <ALLOWANCES> 21,709 <INVENTORY> 446,562 <CURRENT-ASSETS> 1,081,411 <PP&E> 567,995 <DEPRECIATION> 297,069 <TOTAL-ASSETS> 1,695,254 <CURRENT-LIABILITIES> 386,160 <BONDS> 245,120 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,662 <OTHER-SE> 788,375 <TOTAL-LIABILITY-AND-EQUITY> 1,695,254 <SALES> 868,605 <TOTAL-REVENUES> 868,605 <CGS> 452,370 <TOTAL-COSTS> 452,370 <OTHER-EXPENSES> 348,980 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,482 <INCOME-PRETAX> 88,417 <INCOME-TAX> 31,830 <INCOME-CONTINUING> 56,587 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 56,587 <EPS-PRIMARY> 0.95 <EPS-DILUTED> 0.94 <FN> <F1>Period is twenty-six weeks. </FN>