– Shares of Fastenal skyrocketed more than 16% after the maker of construction and industrial supplies reported stronger-than-expected earnings.
Fastenal earned 37 cents per share in the past quarter, 2 cents above estimates, while revenue also came slightly above Wall Street forecasts. The strong result came from higher unit sales and higher prices that had been implemented to mitigate the impacts of general and tariff-related inflation.
Whooo Whooo... the Trump Train is coming thru... Get on board CNBC, or end up looking like the rest of the clowns at NBC.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Walmart, Slack, WPP, SAP, J&J, Roku & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Roku, Walmart, Slack and moreSee which stocks are posting big moves after the bell on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Bed Bath & Beyond, PG&E and SprintSee which stocks are posting big moves after the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Delta, Bed Bath & Beyond, Costco, GM & moreThese are the stocks posting the largest moves before the bell. Major Jacob McAllister Major amadola Major Radcliff
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks rise as the US-China trade talks show signs of progressGlobal stocks jumped Friday on signs of optimism out of the US-China trade talks. BREAKING NEWS Just speechless. Double amount of trade in USMCA seating on Pelosi desk ThursdayThoughts Watch what is going on. Then China TrumpRally implified- Pelosi is individual lost constituency to Radicals. Dead politician. March 3 is announcement ThursdayMotivation And the guy in charge of the deal is a total buffoon that has almost no mind left and that has gone bankrupt 6 times and can’t manage his way out of a wet paper bag. Let's make a deal ChinaTrade 🤝
Source: CNN - 🏆 4. / 95 Read more »
Luxury stocks are soaring after Louis Vuitton beats sales forecasts despite Hong Kong protestsParent company LVMH, seen as a bellwether for other fashion stocks, reported sales higher than analysts expected.
Source: BusinessInsider - 🏆 729. / 51 Read more »