Fastenal Meets 3Q Profit Expectations | Industrial Distribution

Article by · 2014/10/12 ·

Fastenal

Fastenal, maker of industrial and construction fasteners, reported on Friday its third-quarter financial results.

The Winona, Minn.-based giant showed a net income of $133.3 million, matching Wall Street expectations. On a per-share basis, Fastenal said it had a profit of 45 cents.

Fastenal — which came in at No. 12 on Industrial Distribution’s 2014 Big 50 list, showed a Q3 revenue of $980.8 million, narrowly surpassing Wall Street forecasts of $978.9 million.(…)

via Fastenal Meets 3Q Profit Expectations.