Categories Earnings, Industrials
FAST Earnings: Key quarterly highlights from Fastenal Q2 2020 financial results
Fastenal Company (NASDAQ: FAST) today announced its second quarter financial results for the period ended June 30, 2020.
Net earnings for the second quarter was $238.9 million, or $0.42 per share, compared to net earnings of $204.6 million, or $0.36 per share in the second quarter of 2019.
Net sales increased 10.3% to $1.50 billion.
Shares inched up 2% during the pre-market hours following the earnings announcement.
Most Popular
United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company