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Fastenal Co. Profit Retreats In Q2

Fastenal Co. (FAST) released earnings for second quarter that declined from last year.

The company's profit totaled $204.6 million, or $0.36 per share. This compares with $211.2 million, or $0.37 per share, in last year's second quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.9% to $1.37 billion from $1.27 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q2): $204.6 Mln. vs. $211.2 Mln. last year.
-EPS (Q2): $0.36 vs. $0.37 last year.
-Analysts Estimate: $0.37
-Revenue (Q2): $1.37 Bln vs. $1.27 Bln last year.

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