More on Fastenal (FAST -1.4%) Q2: net profit +19% to $112.3M, including a loss on the sale of...

|About: Fastenal Company (FAST)|By:, SA News Editor

More on Fastenal (FAST -1.4%) Q2: net profit +19% to $112.3M, including a loss on the sale of property and equipment. That's the third consecutive quarter of growth, although analysts are increasingly negative about Fastenal's Q3. Q2 gross margin falls to 51.6% from 52.2%. Opened 53 new stores in H1.