Fastenal's Trading Volume Drops 45% Ranking 433rd Despite Stock Price Increase

Generated by AI AgentAinvest Volume Radar
Monday, Jun 23, 2025 8:49 pm ET1min read

On June 23, 2025, Fastenal's trading volume was $236 million, a 45.22% decrease from the previous day, ranking 433rd in the day's stock market. Fastenal's stock price increased by 0.88%.

Fastenal's revenue grew at a compound annual growth rate (CAGR) of 7.9% from fiscal year 2021 to 2024, reaching $7.6 billion in fiscal year 2024. The growth in fiscal year 2022 was driven by robust economic activity and higher demand.

Fastenal is scheduled to report its Q2 2025 earnings on July 14, 2025. The consensus estimate for Q2 2025 calls for 5.7% earnings growth, a downward revision from 12% in January.

Fastenal's Q2 earnings surpassed expectations despite challenging market conditions. The company's performance highlights its resilience and ability to navigate through difficult economic environments.

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