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FASTENAL ANNOUNCES STATEMENT OF EARNINGS

 FASTENAL ANNOUNCES STATEMENT OF EARNINGS
 Twelve Months Ended Three Months Ended
 12/31/91 12/31/90 12/31/91 12/31/90
 Net sales $62,305,000 $52,290,000 $16,291,000 $13,072,000
 Net earnings 6,606,000 6,411,000 1,720,000 1,728,000
 Earnings per share (a) $.70 $.68 $.18 $.18
 Weighted average shares
 outstanding (a) 9,484,672 9,484,672 9,484,672 9,484,672
 (a) On Jan. 23, 1992, the company announced a two-for-one stock split effective with record date of March 9, 1992. If the stock split had been effective at the end of 1991, earnings per share for the years and quarters would have been as follows: $.35, $.34, $.09, $.09.
 (a) 1990 earnings have been retroactively restated to give effect to a change in accounting for inventories from the LIFO and FIFO method.
 -0- 01/27/92
 /CONTACT: Stephen M. Slagie of Fastenal, 507-454-5374/
 (FAST) CO: Fastenal ST: Minnesota IN: SU: ERN


KH -- MN006 -- 3676 01/27/92 11:07 EST
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Publication:PR Newswire
Date:Jan 27, 1992
Words:176
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