Fastenal Co. reported fastener sales growth in January nearly doubled December’s growth rate.
Global Fastener News
Main
News Briefs
February 06
18:33
2023
Operating income declined 28% to $22.6 million, while net income fell to $6.2 million.
Headlines
January 31
23:19
2023
The FIN Fastener Stock Index lost 11.5% in 2022, besting a 15.5% decline by an index of related industrial stocks. Amid the uncertainty, at least four publicly-traded companies with fastener products achieved nearly double-digit gains, though significant losses were more likely.
Features
February 02
23:44
2023
Organic growth was common in early returns, with margins slowly improving and inventories declining as the supply chain works through late-pandemic kinks.
Product News
January 10
11:04
2023
Round body rivet nut has a proprietary knurl and wedge design underneath the head for better grip.
Related News
March 08
12:53
2022
Boeing said it doesn’t anticipate a major disruption to aircraft output in the near term after stopping titanium purchases from Russia, Bloomberg reports.
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