Fastenal Quarterly Earnings Rise 28% on Record New Onsite Locations
- Apr 13, 2022
- Scott Peters
Fastenal, the distributor of industrial and construction supplies said March quarter revenues rose 20% to $1.7 billion and earnings rose 28% to $269 million from a year ago. Earnings per share increased 28% to 47 cents from 37 cents. Revenues through electronic interface increased 55.6% and comprised 16% of total sales in the period. The wholesaler added a record 106 new onsite locations.
Annual Returns
Company | Ticker | 2022 | 2021 | 2020 |
---|---|---|---|---|
Fastenal Company | FAST | -22% | 32% | 31% |
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