Posted: Thursday, 11 October 2012 4:00PM
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....