Fastenal (FAST) Q1 Earnings & Sales Miss Estimates, Shares Down

Fastenal Company’s (FAST) shares lost more than 5.7% in the pre-market trading session on Apr 11, 2024, after it reported first-quarter 2024 results. Earnings and net sales missed the Zacks Consensus Estimate. The adverse weather conditions and the impact of customer and product mix have affected Fastenal's quarterly results.Earnings & Sales in DetailThe company reported earnings per share (EPS) of 52 cents, which missed the consensus mark by a penny and remained flat from the year-ago period.Net sales tota ...