Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $47.17, ...
It’s an old idea whose time has come. When Fastenal founder Bob Kierlin first contemplated getting into the nuts and bolts business, one of the first thoughts was of a vending machine that, at the ...
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WINONA, Minn. — It was over 40 years in the making, but Bob Kierlin’s industrial vending machine is now a sizable part of Fastenal Co. Kierlin, one of the founders of Fastenal in Winona in 1967, had a ...
I realize this is not really new info. Winona nuts and bolts powerhouse Fastenal has been intalling industrial 'vending machines' for the past few years. But I hadn't really looked at this in depth.
WINONA, Minn. — Fastenal has reported a mid-summer slump and an overall decrease in sales for its second quarter. The Winona company’s profits were down just over 6 percent compared to the same ...
In addition to growth through its vending and on-site initiatives, Fastenal is well positioned to benefit from customer consolidation trends. In recent years, customers have been consolidating their ...
After taking a fresh look at our thesis on Fastenal, we've maintained our wide economic moat and stable trend ratings. We also maintain our $39 fair value estimate, despite rising inflation and supply ...
Manufacturing is the basis of the global economy. Almost everything, from footwear to automobiles, is produced in factories. Within that landscape, Fastenal (NASDAQ: FAST) has built a tremendous ...
Fastenal operates in 26 countries, but more than 95% of its sales take place in its three main markets of the U.S., Canada and Mexico. Over 70% of its customers are in the manufacturing and ...