Shares of Fastenal FAST fell 0.3% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 2.70% year over year to $0.38, which beat the estimate of $0.37.
Revenue of $1,413,000,000 up by 2.47% year over year, which missed the estimate of $1,420,000,000.
Looking Ahead
Fastenal hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 13, 2020
Time: 10:00 AM
ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/fstn/mediaframe/40573/indexl.htm
Recent Stock Performance
Company's 52-week high was at $49.86
52-week low: $26.71
Price action over last quarter: Up 7.91%
Company Profile
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 2,100 stores, over 1,200 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.
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