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Fastenal Execs Shed Light on 'Evolving' Branch Model

Fastenal Execs Shed Light on ‘Evolving’ Branch Model
On January’s fourth-quarter earnings call, Fastenal CEO Dan Florness and CFO Holden Lewis pulled back the curtain on how they view the company’s diminishing role of physical branches.
Author
On January’s earnings call with analysts, Fastenal Co. executives shared the usual facts and figures from the Winona, Minnesota-based distributor’s impressive fourth quarter.
CEO Dan Florness and CFO Holden Lewis ticked off such metrics as revenue and profit growth, earnings per share increase, operating margin improvement and other key stats from both 4Q and 2020. They recounted the positive contributions from the ongoing pandemic-driven product mix (safety was again key to top-line performance), which helped drive record net income and operating cash flow while also providing Fastenal enough capital to acquire Apex Industrial Technologies in March. ....

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ID's Top 20 News Items of 2020

COVID, Acquisitions Dominate ID s Top 20 News Items of 2020
COVID-19 dominated all news cycles in 2020, and it was no different on ID. Take a look at what made the biggest waves this past year.
Dec 23rd, 2020
It s the final days of the year, which means we re all inundated with countless Top XX of the Year lists. To that I say, embrace it. Even in such a tumultuous year as 2020, it s always worth taking a look back at the year that was.
Here s a look back at the top 20 most-read news items published by
Industrial Distribution during 2020, which was dominated by impacts of COVID-19 on distributors, suppliers and the greater industrial products supply chain. ....

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Asia Pacific Vending Machines Market Size, Competitive

Asia Pacific Vending Machines Market Size, Competitive
openpr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from openpr.com Daily Mail and Mail on Sunday newspapers.

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