Posted: Thursday, 13 September 2012 11:19AM
Fastenal Earns--August
Fastenal reported another increase in net earnings for the month of August.
The Winona company says it had nearly $290.5 million in net earnings in August compared to about $260 million in August of 2011...an increase of 12%.
Fastenal also estimated that the recent hurricane in the Golf Coast area reduced its daily sales growth rate by 0.3% in August...and a change in currencies in foreign countries, primarily Canada, relative to the US dollar, reduced its daily sales growth rate by another 0.3%.
Fastenal currently operates 2,644 stores and has 15,489 employees as of August 31st.
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