10/11/16 08:25 AM EDT
Fastenal Co. on Tuesday reported its profit fell in its third quarter, coming in below expectations, as its core fastener business remained weak.The Winona, Minn.-based distributor of nuts, bolts, hand tools and other supplies has suffered from the slowdown in construction, and continuing economic uncertainty. The company said fastener sales remain relatively weak due to sustained weakness of its heavy-equipment and construction markets. (…)
via Fastenal Profit Declines as Fastener Business Remains Weak.