Categories AlphaGraphs, Earnings, Other Industries

Infographic: A snapshot of Fastenal Company’s Q1 2023 earnings report

Fastenal Company (NASDAQ: FAST) on Thursday announced its first-quarter 2023 financial results, reporting an increase in sales and net profit.

Fastenal Q1 2023 earnings infographic

Net income was $295.1 million, or $0.52 per share in the three-month period, compared to $269.6 million, or $0.47 per share in the first quarter of 2022.

Driving the bottom-line growth, the company’s net sales increased 9% year-over-year to $1.86 billion. There was an increase in unit sales during the three-month period, which contributed to the sales growth.

Prior Performance

  • Fastenal Q4 2022 earnings infographic

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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