Fastenal Nine Month Sales Up 10.6%

John Wolz

Fastenal Company reported nine-month net sales increased 10.6% over the first nine months of 2001 to $686.2 million. Net earnings rose 3.7% to $58.7 million.
Third quarter sales were up 13.7% and net earnings up 12.4%.
During the third quarter, Fastenal opened 37 new sites, for a total of 114 thus far this year. Fastenal now has 1,139 stores. The number of employees has increased 16.5% to 4,966 thus far this year. Web: Fastenal.com �2002 FastenerNews.com