Categories AlphaGraphs, Earnings, Other Industries
Infographic: A snapshot of Fastenal Company’s Q1 2023 earnings report
Fastenal Company (NASDAQ: FAST) on Thursday announced its first-quarter 2023 financial results, reporting an increase in sales and net profit.
Net income was $295.1 million, or $0.52 per share in the three-month period, compared to $269.6 million, or $0.47 per share in the first quarter of 2022.
Driving the bottom-line growth, the company’s net sales increased 9% year-over-year to $1.86 billion. There was an increase in unit sales during the three-month period, which contributed to the sales growth.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations
Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts' estimates. At $6.74 billion, the Mountain
After blowout quarter, Nvidia (NVDA) looks set to continue riding the AI wave
Shares of NVIDIA Corporation (NASDAQ: NVDA) rallied this week after the semiconductor giant reported robust first-quarter numbers. Being a first mover in artificial intelligence chips, the company is spearheading the
Target Corp. (TGT): A brief look at the retailer’s performance in Q1 2024
Shares of Target Corporation (NYSE: TGT) rose over 1% on Thursday. The stock has dropped over 11% in the past one month. The company delivered mixed results for the first