Fastenal Company's Q1 Earnings Show Modest Growth in Revenue and Profit
Thursday, 11 April 2024, 14:14
Fastenal Company Q1 Performance
Net income reached $297.7 million or $0.52 per share in Q1 2024, compared to $295.1 million in the same period last year.
Net sales increased by 2% to $1.90 billion with 1,872 active sites at the end of the quarter.
The top-line growth was hindered by adverse weather conditions.
Prior Performance
Overall, Fastenal Company continues to show steady growth in revenue and profit.
The post FAST Earnings: Fastenal reports modest growth in Q1 revenue and profit first appeared on AlphaStreet.
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