The distributor announced an upcoming two-for-one stock split, marking Fastenal's ninth split in its history and first since 2019.
Latest In Facilities Maintenance (MRO)
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
Fastenal posted its strongest monthly sales growth since early 2023, with March daily sales surging year-over-year despite margin 1Q margin pressure. See our full breakdown of the company's March and 1Q results.
R.S. Hughes announces the retirement of CEO Bill Matthews and the appointment of a new president who will report directly to the board.
The company reported a decline in 2Q sales, impacted by a challenging operating environment and a cautious outlook despite progress in initiatives.
Colorado-based Oak View Group is a venue development, management and hospitality service for the live event industry.
Würth Industry North America is expanding its operations with a new DC set to create almost 160 jobs.
The new facility expands the industrial distributor's footprint positions it to improve service to customers in Kentucky and southern Indiana.
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
January's report had mixed performance signals amid global trade uncertainties.
DSG reported strong 4Q and full-year sales growth for 2024, driven by acquisitions and continued expansion across various markets.
The company reported a major February increase in daily sales growth, following a modest rebound in January and a three-year low in December. See our full breakdown of the monthly figures.
Global Industrial's 2024 sales increase was predominantly driven by its 2023 acquisition of Indoff, though decelerating in the back half.
Bosch Tool's former CEO has taken the same role at L.S. Starrett, succeeding Douglas Starrett.
Grainger announces 12 board candidates for the 2025-2026 term, following the retirement of a long-time board member after nearly two decades of service.
GPC’s 2024 results show overall sales growth driven by acquisitions and favorable currency impacts, while its industrial parts subsidiary, Motion, continues to face sales declines.
AFC Industries opened a new facility in Mexico to enhance its supply chain solutions and strengthen its presence in the country’s industrial corridor.
Two industry veterans join R.S. Hughes to strengthen its supply chain and marketing strategy.
California-based Thompson Industrial Supply is a distributor of bearings, gear reducers, motors, hydraulics and more, catering to large and small businesses.
Founder of Fastenal and former Minnesota State Senator Bob Kierlon spearheaded the company’s growth and contributed to community development and philanthropy.
