Fastenal Co
FAST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.W | LOCK|>> | LOCK|Q!r%Sh# |
Fastenal Earnings: New Customer Signings and Market Share Gains Offset Slow Industrial Output
Fastenal reported 8.6% sales growth year over year despite slowing global industrial production. Modest operating margin expansion resulted in 12.8% earnings per share growth, and shares traded up over 6% on the morning of July 14.
