This is our first report on Fastenal, a major wholesale distributor of industrial and construction supplies. The company delivered a strong performance in the last quarter surpassing Wall Street expectations in terms of revenues as well as earnings. It saw a 16% sales growth which resulted in a 19% increase in operating profit. Even though several commodity indexes have lately dropped from their heights, there are still many products in the global supply chains whose prices still reflect the hig ....
