82.10
price up icon2.34%   1.91
after-market Handel nachbörslich: 82.10
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Warum fällt Fastenal Co-Aktie (FAST)?

2024-04-11:

Fastenal Co (FAST) stock fell by 6.05% due to disappointing financial results and challenges faced in the first quarter, which proved too significant to overcome.

  • First Quarter Results: Following the release of its first-quarter results, the distributor of industrial and construction supplies reported earnings of $0.52 per share on revenue of $1.9 billion. While the earnings were slightly below Wall Street's expectations of $0.53 per share, the revenue was just under the anticipated $1.91 billion.
  • Challenges in the Industrial Sector: Fastenal continues to face sluggish demand in the industrial sector, which has impacted its sales growth. Despite efforts to maintain performance, the company's sales only grew by 1.9% in the quarter, with adverse weather conditions further reducing sales by 35 to 55 basis points compared to the previous year.
industrial_distribution GWW
$1,019.62
price up icon 2.56%
$169.41
price up icon 3.50%
industrial_distribution WSO
$453.24
price up icon 1.56%
$288.70
price down icon 6.56%
industrial_distribution CNM
$52.41
price up icon 3.64%
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