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flag Fastenal's Q4 sales rose but missed forecasts, profits fell, and stock dropped post-report.

flag Fastenal reported a 3.7% increase in Q4 sales to $1.825 billion, missing analysts' expectations. flag Gross margin and operating income declined due to a weak manufacturing environment and unfavorable sales mix. flag The company's digital sales grew to 62.2% of total sales. flag Despite annual sales increasing by 2.7% to over $7.5 billion, quarterly profits fell 1.6%, and the stock dropped 1.7% post-report.

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