Categories AlphaGraphs, Earnings, Other Industries
Everything you need to know about Fastenal Company’s Q4 2022 earnings
Fastenal Company (NASDAQ: FAST) on Thursday announced its fourth-quarter financial results, reporting an increase in sales and net profit.
Net income for the fourth quarter was $245.6 million, or $0.43 per share, compared to $231.2 million, or $0.40 per share in the fourth quarter of 2021.
Driving the bottom-line growth, the company’s net sales increased 10.7% annually to $1.70 billion. There was an increase in unit sales during the three-month period, which contributed to the rise in net sales.
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