Fastenal Sales Climb 7 Percent in Q3
3Q sales were $858.4 million compared to $802.6 million in the same period last year.
Fastenal Company said its third-quarter sales jumped 7 percent to $858.4 million from $802.6 million in the same period last year.
Net earnings were $119.35 million, or 40 cents per share, compared to $109.3 million, or 37 cents, last year.
Sales for the first nine months of the year were $2.5 billion, a 5.7 percent increase from $2.37 billion in the same period last year. Nine-month earnings were $349.4 million, or $1.18 per share, compared to $321.8 million, or $1.09, last year.
During the first nine months, the company opened 44 new stores, an increase of 1.7 percent, and installed installed 11,153 new FAST industrial vending machines, an increase of 52.9 percent since December 2012.
CONTRACTOR SUPPLY MAGAZINE
The October/November 2024 of Contractor Supply magazine is here!
Our cover story, A Rewarding Passion - Dale Hahs II, third-generation of Denver's AIS Industrial & Construction Supply, is STAFDA's incoming 2025 president.
A Special STAFDA section featuring a welcome address, an agenda, session previewss by presenters and much more. Also in this issue are our Industry Updates on: Lifting, Moving and Material Handling; Lasers, Levels and Measurement; Hand Tools; Cordless Power Tools; Drill Bits and Cutting Tools; and Toolboxes, Bags and Belts.
This digital edition, sponsored by BECK AMERICA Inc., is fully searchable and contains live links to every advertiser and new product listing. Click away!
| Read the Articles Read the Digital Edition |
