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.

Fastenal Q4 2022 earnings infographic

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.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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