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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts