Industrial supplies distributor Fastenal Q3 sales rise 11.7%
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Fastenal reported an 11.7% increase in Q3 2025 net sales, aligning with analyst expectations. The gross profit margin improved due to supplier initiatives and product availability. Key growth drivers included improved customer contract signings, strong performance in the fastener product line, and increased spending from customer sites. The average analyst rating for Fastenal shares is "hold," with a median 12-month price target of $45.00, slightly below its recent closing price of $45.78.
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