The 2020 Mid-Year Economic Update_long

Fastenal’s Q1 Sales Up 10.4%

The company signed 5,603 industrial vending devices during the first quarter.

Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported first-quarter sales of $1.3 billion, a 10.4% increase over the same period a year ago. Earnings for the quarter rose 11.4% to $194.1 million.

The company signed 5,603 industrial vending devices during the first quarter of 2019. the installed device count on March 31, 2019 was 83,410, an increase of 13.4% over March 31, 2018. 

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