UPDATE: Fastenal Posts Downbeat Q3 Profit
October 09, 2013 at 08:59 AM EDT
Fastenal Co (NASDAQ: FAST ) reported a 9.2% rise in its third-quarter earnings. Fastenal's quarterly profit surged to $119.4 million, or $0.40 per share, from $109.3 million, or $0.37 per share, in the year-ago period. Its sales climbed 7% to $858.4 million. However, analysts were expecting earnings of $0.41 per