Fastenal FAST, a business that deals in industrial supplies, reported stats for the fourth quarter on Tuesday. According to TheFly, the management team did not impress Wall Street's analysts. They were looking for 45 cents per share. Alas, the company came in shy of that number by the proverbial penny. However, as Benzinga notes, the year-over-year growth in net income was well over 40%.
Plus, the price action in the stock was quite nice after the release. Shares closed higher by 1.8% to a quote of $60.95. The 52-week high for the shares is $61.53. Volume was strong.
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