BusinessFebruary 3, 1997
BUSINESS MEMO: FASTENAL EARNINGS
The Fastenal Co. reported net sales of $77,568,000 during the fourth quarter, up from $57.9 during the same period in 1995. Net earnings grew from $7.2 million during the fourth quarter of 1995 to $7.9 million during the same period of 1996. Fastenal, national distributor of threaded metal products and related construction supplies, is headquartered at Winona, Minn., and has a branch facility at 2228 Bloomfield Road in Cape Girardeau...
The Fastenal Co. reported net sales of $77,568,000 during the fourth quarter, up from $57.9 during the same period in 1995. Net earnings grew from $7.2 million during the fourth quarter of 1995 to $7.9 million during the same period of 1996.
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Fastenal, national distributor of threaded metal products and related construction supplies, is headquartered at Winona, Minn., and has a branch facility at 2228 Bloomfield Road in Cape Girardeau.
Fastenal opened 32 new stores in the fourth quarter, bringing the total number of stores to 484, up 109 stores from 1995 totals.
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