Fastenal Company Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
For the full year, the company reported net sales of $3,869,187,000 compared with $3,733,507,000 for the same period a year ago. Operating income was $828,755,000 compared with $787,590,000 for the same period a year ago. Earnings before income taxes were $826,020,000 compared with $787,434,000 for the same period a year ago. Net earnings was $516,361,000 or $1.77 per diluted share compared with $494,150,000 or $1.66 per diluted share for the same period a year ago. Net cash provided by operating activities was $546,940,000 compared with $499,392,000 for the same period a year ago. Purchases of property and equipment were $155,168,000 compared with $189,474,000 for the same period a year ago. The increase in net sales in the twelve-month periods noted for 2015 and 2014, and three month period for 2014, came primarily from higher unit sales.