Airgas, Inc. (NYSE: ARG), one of the nation’s leading suppliers of industrial, medical, and specialty gases, and related products, recently provided an update on organic sales growth and issued revised earnings guidance for its fourth quarter ending March 31, 2015.
Grainger (NYSE: GWW) recently reported results for the year ended December 31, 2014. Sales of $10.0 billion increased 6 percent versus $9.4 billion in 2013. Reported net earnings of $802 million increased 1 percent versus $797 million in 2013.
Fastenal Company of Winona, MN (Nasdaq:FAST) reported the results of the quarter and year ended December 31, 2014.
May 4, 2015
Net sales for the 12-month period increased 12.2% to $3,733,507; sales for the fourth quarter increased 13.8% to $926,254. Net earnings for 2014 totaled $494,150, an increase of 10.1% over 2013 earnings.
Strong growth in jobs plus replacement demand for equipment from businesses will provide a stable base for overall economic growth, according to a new report.
January 5, 2015
The MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, released its quarterly economic forecast, predicting that inflation-adjusted gross domestic product will expand 2.8% in 2015 and 3.0% in 2016.