Fastenal (FAST) Shares Rise on Q2 Earnings & Sales Beat
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Earnings & Sales in Detail
The company reported earnings of 42 cents per share, which beat the consensus mark of 36 cents by 16.7%. The reported figure also increased 16.7% from the year-ago profit level of 36 cents per share.
Net sales during the reported period were $1,509 million, beating the consensus mark of $1,483 million by 1.7% and increasing 10.3% from the year-ago figure of $1,368.4 million. Increased demand for PPE products more than offset the decline in the traditional business.
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https://finance.yahoo.com/news/fastenal-...02211.html
...
Earnings & Sales in Detail
The company reported earnings of 42 cents per share, which beat the consensus mark of 36 cents by 16.7%. The reported figure also increased 16.7% from the year-ago profit level of 36 cents per share.
Net sales during the reported period were $1,509 million, beating the consensus mark of $1,483 million by 1.7% and increasing 10.3% from the year-ago figure of $1,368.4 million. Increased demand for PPE products more than offset the decline in the traditional business.
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https://finance.yahoo.com/news/fastenal-...02211.html
![[Bild: FASTc1dl0556.png]](https://finviz.com/publish/071520/FASTc1dl0556.png)
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