Posted: Thursday, 11 October 2012 4:00PM

Fastenal Earnings



Winona's Fastenal Company reported increased net sales and net earnings during the third quarter which ended on September 30th.
                 
Fastenal said net sales increased by 10-point-4 percent during the third quarter to nearly 802-million dollars...and net earnings went up by 12-point-9 percent to 109-million dollars....compared to the same time period a year ago

For the nine-month period this year net sales went up 15-percent to 2-billion dollars, while net earnings went up 19-percent to 321-million dollars.

Fastenal stock went up one dollar and 9-cents a share during the nine month period according to the report.

As of Thursday, Fastenal stock was selling for 48-dollars and 33-cents a share, up 4-dollars and one cent from Wednesday. an increase of 9-point-5 percent.....

On September 30th, Fastenal had 26-hundred and 50 stores across the nation and opened 73 new stores during the first nine months of this year.

The company currently has installed a total of 17-thousand Fast Solutions industrial vending machines in businesses.
               
On September 30th, Fastenal had 15-thousand-431 employees, an increase of  1-point-7 percent from last December....

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