Fastenal Stock Climbs as Sales Rise
Fastenal(FAST) Investopedia·2024-07-12 14:30TradingView Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com Key Takeaways FAST Fastenal's revenue got a lift even as the distributor of fasteners and other commercial products' CEO said market activity was "challenging." The daily sales rate for non-fastener products increased 4.2% year-over-year. A drop in the daily sales rate for fasteners was less than in the previous quarter. The company said it was encouraged by its efforts to add new customers. Shares of Fas ...