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Fastenal


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Fastenal beats analysts' expectations

Gross margin rose to 52.5 percent from 50.3 percent as the company improved direct sourcing operations and continued its freight initiative, which relies on its truck fleet rather than external service providers. Rising fuel costs were an issue as total vehicle fuel costs rose 48 percent, to $3.7 million a month.

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Fastenal up 26% in Q2

Fastenal Co. recorded a 26 percent boost in its second-quarter earnings, stemming from a rise in store sales.

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Fastenal earns 51 cents a share in quarter vs. 40 cents

NEW YORK (MarketWatch) -- The Fastenal Co. said Friday that second-quarter earnings were $76.2 millionl, or 51 cents a share, compared to $60.3 million, or 40 cents, a year ago. Net sales for the three-month period ended June 30 totaled $604.2 million an increase of 16.3% over net sales of $519,706 in the second quarter of 2007. Fastenal shares rose 1.3% on Thursday. Market Pulse Stories are Rapid-fire,...

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Fastenal announces 1 million-share buyback plan

SAN FRANCISCO (MarketWatch) -- Fastenal Company said Thursday it will buy back 1 million shares of its common stock on the Nasdaq after receiving approval from its board of directors. The Winona, Minn.- based construction supply company said it has about 149 million shares outstanding. Fastenal shares finished Thursday trading up 1.3% to $45.44 on the New York Stock Exchange. Market Pulse Stories...

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Earnings Preview: Fastenal

Fastenal Company (FAST) is expected to report Q2 earnings before market open on Friday, July 11, with a conference call scheduled for 9:00 am ET. Guidance Analysts are looking for EPS of 50c on revenue of $602.22M. The consensus range is 49c to 52c for EPS, and $601M to $604.81M for revenue, according to First Call. Complete Story »

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Franchitti Bumps Bryan Clauson

Dario Franchitti will return to NASCAR on Saturday in the Nationwide Series race at Chicago. Franchitti, whose Sprint Cup team was shut down last week by co-owner Chip Ganassi, is included on the Nationwide Series race entry list for the #40 Fastenal Dodge on NASCAR’s media web site. The initial entry list posted on the site [...]

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Fastenal Co (FAST) more shares bought by Penseco Financial … - Mffais.com

Fastenal Co (FAST) more shares bought by Penseco Financial …Mffais.com, CA - 31 minutes agoLONG BEACH (Mffais.com) - Penseco Financial Services Corp added additional 700 (1.80 %) shares of Fastenal Co (FAST), bringing their current holdings to …

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This Week's Earnings

July 8 - Alcoa (consensus 0.68) July 11 - Fastenal (0.50) ----------GE (0.54)

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Fastenal Company Announces Conference Call to Review 2008 Second Quarter Earnings

WINONA, Minn., July 3 /PRNewswire-FirstCall/ -- Fastenal Company (Nasdaq: ) announced today that the Company's conference call to review second quarter 2008 results, as well as current operations, will be broadcast live over the Internet on Friday, July 11, 2008 at 9:00 a.m. Central Time. To access the call, please visit the following Web address: investor.fastenal.com An online archive of the...

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MBF Financial: New Analyst Reports for ANADIGICS INC, KNIGHT TRADING GROUP INC, CENTENNIAL COMMUNICATIONS CORP, and FASTENAL CO

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for ANADIGICS INC (NASDAQ: ANAD), KNIGHT TRADING GROUP INC (NASDAQ:...

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What do breakthrough companies do?

Keith McFarland, author of The Breakthrough Company, joined me for the most recent episode of the Duct Tape Marketing podcast to discuss the elements that lead to a company taking off and going to the proverbial next level. Incredibly, McFarland interviewed the leaders of and reviewed the numbers of 1400 past Inc 500 winners that had [...]

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Stocks: Boring is beautiful

Companies that make things like bolts and studs and hydraulic equipment may sound depressingly unsexy.

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Boring is beautiful

Companies that make things like bolts and studs and hydraulic equipment may sound depressingly unsexy.