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Fastenal's stock surged Thursday after the fasteners and tools company beat profit expectations, with daily sales rates breaking records in the past month.
Its sales to manufacturers and builders slowed markedly last month. Fastenal executives did not shy away from the tough news.
Personal consumption, the biggest part of the economy, climbed at a below-forecast 2.1% pace.
Investors who take an interest in Fastenal Company ( NASDAQ:FAST ) should definitely note that the President, Daniel...