Latest news with #industrialSupplies
Yahoo
28-06-2025
- Business
- Yahoo
Fastenal's Quarterly Earnings Preview: What You Need to Know
Headquartered in Winona, Minnesota, Fastenal Company (FAST) is a prominent distributor of industrial and construction supplies, primarily catering to the manufacturing, construction, and maintenance sectors. With a market capitalization of $47.2 billion, the company provides a comprehensive portfolio of products, including fasteners, safety gear, tools, and electrical components, alongside value-added inventory management services. Fastenal is scheduled to release its second-quarter earnings before the market opens on Monday, July 14. Ahead of the event, analysts expect FAST to report a profit of $0.28 per share on a diluted basis, up 12% from $0.25 per share in the same quarter last year. The company has matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion. Ditch Big Tech and Buy These 3 Popular Stocks in 2025 Instead Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the current year, analysts expect FAST to report EPS of $1.09, up 9% from $1 in fiscal 2024. Looking ahead, analysts expect its EPS to rise 9.2% annually to $1.19 in fiscal 2026. Over the past year, FAST has surged 30.3%, outperforming the S&P 500's ($SPX) 12.1% gains and the S&P 500 Industrial Sector SPDR's (XLI) 19.4% gains over the same time frame. On Apr. 11, Fastenal shares climbed 6.4% after the company reported its Q1 2025 results, with revenue reaching nearly $2 billion, slightly surpassing analyst estimates. Earnings stood at $0.52 per share, matching Wall Street expectations, supported by sustained momentum in large-scale, high-value contracts. Analysts' consensus opinion on FAST stock is cautious, with an overall 'Hold' rating. Out of 14 analysts covering the stock, three advise a 'Strong Buy' rating, ten give a 'Hold' rating, and one recommends a 'Strong Sell.' While FAST currently trades above its mean price target of $40.65, its Street-high target of $45 represents a potential upside of 9% from the current market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Associated Press
08-05-2025
- Business
- Associated Press
Cruco Mill & Industrial Supply Launches Premier Industrial Solutions for Manufacturers
05/08/2025, Sanford, NC // KISS PR Brand Story PressWire // Cruco Mill & Industrial Supply is excited to introduce its premier industrial solutions to businesses across North Carolina. From manufacturing facilities and textile operations to feed mills, it offers reliable industrial supplies, maintenance parts, and equipment replacements tailored to meet the demands of each operation. As a trusted industrial supplier in North Carolina, serving a wide range of industries, Cruco Mill & Industrial Supply helps businesses achieve their goals by providing high-quality products backed by industry expertise and outstanding customer service. Its extensive inventory includes everything from mill parts and fasteners to belts, bearings, and electrical components, ensuring customers receive the right solutions for their unique operational needs. Through its user-friendly website, customers can easily explore available products, learn more about services, and request expert assistance in sourcing even the most hard-to-find components. Cruco's reputation for fast, accurate service is consistently reflected in its glowing customer reviews. One satisfied customer wrote, 'Cruco is my go-to for almost all our company's supplies. Never dissatisfied and their staff is highly knowledgeable and ready to find a solution for your problems.' Another customer echoed this sentiment, saying, 'I scoured the internet trying to find a pulley for a commercial compressor… I was referred to this place, walked in, was greeted nicely, and the knowledgeable folks there had what I needed on the shelf, and I was gone in less than 10 minutes.' These testimonials highlight why Cruco remains the preferred partner for businesses in search of quality and dependability. Whether it is a broken drive belt, worn pulley, or specialized tool, Cruco Mill & Industrial Supply North Carolina provides tailored solutions and in-stock products to keep operations running smoothly. Cruco carries bulk fasteners, hydraulics, pneumatics, chain drives, motor controls, and cutting tools. As a top welding supplier in North Carolina, it also has quality welding equipment, safety gear, and consumables. Recognizing that production delays can be costly, especially in feed milling, Cruco Mill & Industrial Supply for feed mills proactively stocks critical components tailored to these industries to help customers minimize downtime and maintain productivity. Beyond retail, the company specializes in sourcing hard-to-find parts and providing customized supply solutions for specialized machinery, making it an invaluable partner for facilities with complex operational needs. What separates Cruco Mill & Industrial Supply from large online marketplaces is its personal service and extensive local knowledge. While other platforms rely heavily on automated systems, Cruco works directly with clients to ensure they get the right parts every time. This level of support has made Cruco a trusted partner for industrial supply for manufacturers in North Carolina. For more information about Cruco Mill & Industrial Supply, visit its website at About Cruco Mill & Industrial Supply Cruco Mill & Industrial Supply is a North Carolina-based supplier offering a wide range of industrial parts, tools, and components for manufacturing, agricultural, and textile operations. Known for its knowledgeable staff and fast service, Cruco supports facilities across the region with reliable sourcing and repair solutions. ### Media Contact Cruco Mill & Industrial Supply 111 McNeill Rd, Sanford, NC 27330 (919) 777-9807 newsroom: Source published by Submit Press Release >> Cruco Mill & Industrial Supply Launches Premier Industrial Solutions for Manufacturers
