Content about Winona

July 12, 2012
Fastenal sees double-digit gains in second quarter

Second-quarter sales for Winona, Minn.-based Fastenal increased to $804.9 million, up 14.7% from the same quarter in 2011. 

Net earnings for the company increased 19.3% to $112.3 million. 

“The growth in the first three months of 2012 generally continued the relative strength we saw in 2011 and in most of 2010,” the company stated. However, the rate of daily sales growth slowed in the April to June 2012 time frame.

April 27, 2012
Fastenal racks up another double-double

It’s called a 20-20 double-double, and among business metrics it’s a grand slam multiplied by a slam dunk. The definition is sales and earnings growth of at least 20% in the same quarter.

Not only did Winona, Minn.-based Fastenal achieve a 20-20 in the first quarter — $769 million in sales, up 20.0%, and $100 million in net earnings, up 26.0% — but the company has scored a 20-20 double-double for eight consecutive quarters.

July 12, 2011
Fastenal shows strong sales and earnings growth

Winona, Minn.-based Fastenal has reported second-quarter net earnings of $94.1 million, up 36% from $69.2 million in the second quarter of 2010.

Net sales for the quarter ended June 30 totaled $701.7 million, up 23% from $571.2 million in the year-ago period.

For the first six months of 2011, net earnings were $173.7 million, up 39% from $125.2 in the first six months of 2010. Net sales in this period totaled $1.34 billion, up 23% from $1.09 billion in the same period last year.

April 12, 2011
Fastenal posts Q1 earnings, sales increase

Winona, Minn.-based Fastenal has posted first-quarter net earnings of $79.5 million, up 42% from $56.0 million in the same period of 2010. 

Net sales for the quarter ended March 31 totaled $640.6 million, up 23% from $520.8 million in the year-ago quarter.

The company opened 37 new stores during the quarter, compared with 29 new stores in the first quarter of 2010.

January 18, 2011
Fastenal reports sales and earnings surge

Sales and earnings at Winona, Minn.-based Fastenal reflect positive trends in the industrial segment of the U.S. hardware industry.

Fastenal, the specialty tools and fasteners dealer, reported fourth-quarter sales of $573.8 million, up 20.3% from fourth-quarter sales last year.

For the full year, the operator of some 2,500 stores posted sales of $2.269 billion, up 17.6% from a year ago.

October 11, 2010
Fastenal earnings up 57% in Q3

Winona, Minn.-based Fastenal reported third-quarter earnings of $74.9 million, up 57.6% from $47.5 million reported...

October 13, 2008
Fastenal sees sales, earnings rise in Q3

The company has set a goal of growing the average per-store sales rate to $125,000...

September 1, 2008
Fastenal settles labor dispute

The company will pay $10 million to “fully resolve all claims,” according to a statement....

January 24, 2008
Fastenal reports a strong 2007

The industrial and construction supply company reported fourth-quarter net earnings up 23.3 percent from $45.6...

October 10, 2007
Third-quarter earnings up 14.9 percent at Fastenal

The fastener and construction materials retailer saw sales of $533.7 million, up 13.5 percent compared...