MDM Premium
Need Help?
(888) 742-5060

In The News:

More From Mdm

Anixter Enters Joint Venture in Saudi Arabia

 

Fastenal 3Q Sales Up 20.4%

October 16, 2011
Reprints
A A

The Fastenal Company (Nasdaq: FAST), Winona, MN, No. 7 on the list of top industrial distributors, reported sales were $726.7 million in the third quarter, up 20.4 percent from the same period a year ago. Profit increased 29.1 percent to $96.8 million.

For the first nine months, sales increased 22 percent to $2.1 billion, while profit increased 35.1 percent to $270.5 million. Fastenal opened 94 new stores during the nine-month period and added 1,642 employees.

Growth in 2010 and 2011 was more pronounced for Fastenal's industrial production business and less pronounced in the maintenance portion of its manufacturing business.

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center