The Fastenal Company, Winona, MN, reported sales for the year ended Dec. 31, 2007, were up 14% to $2.06 billion. Profit increased from $199 million to $232 million in 2007, up 16.9%.
Sales for the quarter ended Dec. 31 were $519.2 million, an increase of 15.7% over the same period last year. Profit was up 23.3%.
In 2007, Fastenal opened 161 new sites, compared with 245 new sites in 2006.
Fastenal Sales Grow 14% in 2007
The Fastenal Company, Winona, MN, reported sales for the year ended Dec. 31, 2007, were up 14% to $2.06 billion. Profit increased from $199 million to $232 million in 2007, up 16.9%.
Sales for the quarter ended Dec. 31 were $519.2 million, an increase of 15.7% over the same period last year. Profit was up 23.3%.
In 2007, Fastenal opened 161 new sites, compared with 245 new sites in 2006.
More details <a href=http://files.shareholder.com/downloads/fast/106077628x0x159687/15e4b119-3e90-4ced-8301-23bfef903227/FAST_News_2008_1_22_Earnings.pdf" ...
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