By Nicholas G. Miller

Fastenal reported higher third-quarter sales, shrugging off a difficult industry backdrop driven by reduced construction activity.

The fastener and tool distributor posted net income of $335.5 million, or 29 cents a share, up from $298.1 million, or 26 cents a share, the year prior. Analysts had expected 30 cents a share, according to FactSet.

Shares rose 3% to $47.18 in premarket trading.

Fastenal reported $2.13 billion in sales, in line with Wall Street's expectations and up from $1.91 billion the year before.

"Even though industrial production was still sluggish in the third quarter of 2025, the performance reflects the contribution from improved customer contract signings since the first quarter of 2024," the company said.

Building products suppliers have been hurt by weak housing and industrial markets, which have dragged down new construction activity. But analysts have said Fastenal has been able to outperform the broader industry by focusing on its largest customers, which are continuing to spend, while tariffs have allowed it to raise prices, boosting its top line.

Fastenal posted revenue growth despite its total number of customer sites falling to 98,823 from 106,276 the previous year.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

October 13, 2025 07:04 ET (11:04 GMT)

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