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Fastenal Sales Climb 7 Percent in Q3

3Q sales were $858.4 million compared to $802.6 million in the same period last year.


Fastenal Company said its third-quarter sales jumped 7 percent to $858.4 million from $802.6 million in the same period last year.

Net earnings were $119.35 million, or 40 cents per share, compared to $109.3 million, or 37 cents, last year.

Sales for the first nine months of the year were $2.5 billion, a 5.7 percent increase from $2.37 billion in the same period last year. Nine-month earnings were $349.4 million, or $1.18 per share, compared to $321.8 million, or $1.09, last year.

During the first nine months, the company opened 44 new stores, an increase of 1.7 percent, and installed installed 11,153 new FAST industrial vending machines, an increase of 52.9 percent since December 2012.

www.fastenal.com

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