Fastenal Co
FAST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.n | LOCK|Y<H | LOCK|n#hPm!W |
Fastenal Earnings: Solid Execution Offsets Uncertain Manufacturing Environment; FVE Unchanged
Fastenal's first-quarter daily sales increased 5% from the prior year after adjusting for the impact of selling days, while earnings per share was flat year over year at $0.52. Both measures were roughly in line with our expectations and reflect continued weakness in industrial activity.
