WINONA, Minn., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Fastenal Company of Winona, MN (Nasdaq:FAST) reported the results of the quarter and year ended December 31, 2012. Except for per share information, or as otherwise noted below, dollar amounts are stated in thousands. Share and per share information in this document has been adjusted to give effect to the two-for-one split of our common stock in May 2011.
Net sales, pre-tax earnings, net earnings, and net earnings per share were as follows for the periods ended December 31:
|Twelve-month period||Three-month period|
|Net sales||$ 3,133,577||2,766,859||13.3%||$ 757,235||697,804||8.5%|
|Pre-tax earnings||$ 674,155||575,081||17.2%||$ 158,151||140,769||12.3%|
|% of sales||21.5%||20.8%||20.9%||20.2%|
|Net earnings||$ 420,536||357,929||17.5%||$ 98,716||87,472||12.9%|
|Net earnings per share (basic)||$ 1.42||1.21||17.4%||$ 0.33||0.30||10.0%|
On a sequential basis in 2012, the first, second, third, and fourth quarters had 64, 64, 63, and 63 business days, respectively; and our daily sales average was $12,014, $12,576, $12,739, and $12,020, respectively.
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