news/FAST/2023.01.19/Fastenal boosts Q4, FY 2022 results on stronger industrial demand.txt

Fastenal Co., a provider in the wholesale distribution of industrial and construction supplies and industrial vending services, lifted its Q4 and FY 2022 results, boosted by higher unit sales from growth in underlying demand for industrial goods and commodities, according to an earnings report.Highlights include:Shares traded today at $46.28 against a 52-week range of $43.73-$60.74.The $1.69 billion in quarterly revenue beat analyst expectations by $20 million, while the GAAP EPS of 43 cents beat expectations by one cent, according to Seeking Alpha.Copyright © 2023 Networld Media. All rights reserved., source Industry News