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Fastenal Co FAST

Fastenal Company is engaged in the wholesale distribution of industrial and construction supplies. The Company is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin) and Industrial vending (FASTVend). It also invests in digital solutions that aim to deliver value for its customers, leverage local inventory for same-day solutions, and provide service. Its customers are in the manufacturing and non-residential construction markets. It serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, and others.


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Post by whytestockson Apr 11, 2024 9:30pm
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Post# 35984675

Why Fastenal Stock Fell Today

Why Fastenal Stock Fell Today
NEWS: $FAST Why Fastenal Stock Fell Today2024-04-11 15:44:00 ET Fastenal (NASDAQ: FAST) continues to see sluggish demand in the industrial sector, and its latest results are weighing on the stock. Shares of Fastenal were down 7% at 3:30 p.m. ET. after the parts distributor reported first-quarter results. Fastenal is a ...FAST - Why Fastenal Stock Fell Today

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