Posted: Wednesday, 10 July 2013 10:44AM
Winona's Fastenal Company enjoyed a net sales increase of 5.1% during the first six months of 2013 compared to the first six months of 2012.
Fastenal reported Wednesday net sales of over $1.6 billion during the first six months . Net earnings for the same period went up 8.3% to $230 million.
For the second quarter Fastenal reported a 5.3% increase in net sales and 7.7% increase in net earnings. Net earnings per share of Fastenal stock went up 8.3% percent over the first half of 2013 to 78 cents a share.
The company also reported it opened 33 new stores during the first half of 2013. On June 30th Fastenal had over 29,000 of its Fast Solutions vending machines open. As of June 30th, the firm had 15,760 employees across the country.