Fastenal Company Reports 2021 Third Quarter Earnings

About this update from Fastenal Company

[{"type":"text","content":" WINONA, Minn.--(BUSINESS WIRE)--\nFastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended September 30, 2021. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Throughout this document, percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values included in this document due to the rounding of those dollar values.\n\nPERFORMANCE SUMMARY\n\n\n\n \n\n\n\nNine-month Period\n\n\n\n \n\n\n\nThree-month Period\n\n\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\nChange\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\nChange\n\n\n\n\n\nNet sales\n\n\n\n$\n\n\n\n4,479.0\n\n\n\n \n\n\n\n \n\n\n\n4,289.3\n\n\n\n \n\n\n\n \n\n\n\n4.4\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n1,554.2\n\n\n\n \n\n\n\n \n\n\n\n1,413.3\n\n\n\n \n\n\n\n \n\n\n\n10.0\n\n\n\n%\n\n\n\n\n\nBusiness days\n\n\n\n191\n\n\n\n \n\n\n\n \n\n\n\n192\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n64\n\n\n\n \n\n\n\n \n\n\n\n64\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nDaily sales\n\n\n\n$\n\n\n\n23.5\n\n\n\n \n\n\n\n \n\n\n\n22.3\n\n\n\n \n\n\n\n \n\n\n\n5.0\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n24.3\n\n\n\n \n\n\n\n \n\n\n\n22.1\n\n\n\n \n\n\n\n \n\n\n\n10.0\n\n\n\n%\n\n\n\n\n\nGross profit\n\n\n\n$\n\n\n\n2,064.3\n\n\n\n \n\n\n\n \n\n\n\n1,949.0\n\n\n\n \n\n\n\n \n\n\n\n5.9\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n720.2\n\n\n\n \n\n\n\n \n\n\n\n640.6\n\n\n\n \n\n\n\n \n\n\n\n12.4\n\n\n\n%\n\n\n\n\n\n% of net sales\n\n\n\n46.1\n\n\n\n%\n\n\n\n \n\n\n\n45.4\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n46.3\n\n\n\n%\n\n\n\n \n\n\n\n45.3\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n\n\nOperating income\n\n\n\n$\n\n\n\n916.5\n\n\n\n \n\n\n\n \n\n\n\n877.4\n\n\n\n \n\n\n\n \n\n\n\n4.5\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n318.4\n\n\n\n \n\n\n\n \n\n\n\n290.1\n\n\n\n \n\n\n\n \n\n\n\n9.8\n\n\n\n%\n\n\n\n\n\n% of net sales\n\n\n\n20.5\n\n\n\n%\n\n\n\n \n\n\n\n20.5\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n20.5\n\n\n\n%\n\n\n\n \n\n\n\n20.5\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n\n\nEarnings before income taxes\n\n\n\n$\n\n\n\n909.3\n\n\n\n \n\n\n\n \n\n\n\n870.5\n\n\n\n \n\n\n\n \n\n\n\n4.5\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n316.1\n\n\n\n \n\n\n\n \n\n\n...

More updates from Fastenal Company