Fastenal Company reported its fourth-quarter fiscal year 2024 results, showing a GAAP earnings per share (EPS) of $0.46, which fell short of the $0.48 estimate. Sales for the quarter were $1.825 billion, also missing the forecast of $1.844 billion. Despite the misses, the company noted growth in its eBusiness segment, which increased by 27.6% year-over-year, and a 10% rise in FMI sales. However, the slow growth rate reflects a continuing soft manufacturing environment throughout 2024. Following the announcement, Fastenal's stock dropped approximately 4.7% in pre-market trading.