UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)            October 27, 2004
                                                            ----------------


                              SNAP-ON INCORPORATED
             (Exact name of registrant as specified in its charter)


           Delaware                         1-7724            39-0622040
           --------                         ------            ----------
(State or other jurisdiction of   (Commission File Number)  (I.R.S. Employer 
incorporation or organization)                              Identification No.)
                                                              

          10801 Corporate Drive, Pleasant Prairie, Wisconsin 53158-1603
          -------------------------------------------------------------
                    (Address of principal executive offices)



Registrant's telephone number, including area code:   (262) 656-5200 
                                                      ---------------


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))








Item 2.02         Results of Operations and Financial Condition

On October 27, 2004, Snap-on Incorporated (the "Corporation") issued a press
release entitled "Snap-on Announces Third-quarter 2004 Results." The text of the
press release is furnished herewith as Exhibit 99 and incorporated herein by
reference.

The press release also contains cautionary statements identifying important
factors that could cause actual results of the Corporation to differ materially
from those described in any forward-looking statement of the Corporation.

The press release also contains information concerning the impacts of foreign
currency translation on certain items of reported results, and this information
may include non-GAAP financial measures. The Corporation presents information in
this manner to show changes in these items of reported results apart from those
related to the quarterly volatility of foreign currency changes.


Item 9.01         Financial Statements and Exhibits 
                  (furnished pursuant to Item 2.02)


(c) Exhibits

99       Press Release of Snap-on Incorporated, dated October 27, 2004










                                   SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, Snap-on
Incorporated has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                            SNAP-ON INCORPORATED



Date:  October 27, 2004     By:     /s/ Martin M. Ellen                     
                               ---------------------------------------------
                                Martin M. Ellen, Principal Financial Officer, 
                                Senior Vice President - Finance and
                                Chief Financial Officer






                                  EXHIBIT INDEX

Exhibit Number  Description
--------------  -----------
         99     Press Release of Snap-on Incorporated, dated October 27, 2004,
                entitled "Snap-on Announces Third-quarter 2004 Results."