The Winona-based operator of industrial hardware supply stores reported its net income rose to $112.3 million with help from new store openings and the installation of new industrial vending machines. However, second quarter sales failed to meet Wall Street expectations.
Police obtain 'valuable information' in search for missing 6-year-old Elle Ragin
The 6-year-old is still missing following the death of her mother by suicide.
Fatal crash involving 18-year-old in western Minnesota
The 18-year-old was not wearing a seatbelt, the State Patrol said.
2 women stabbed during parking lot brawl in St. Cloud
Police are searching for another woman in connection with the attack.
A year later, man arrested over fatal drive-by shooting in northern MN
The 34-year-old victim died on July 5, 2021.
Minneapolis: Stop calling 911 for fireworks noise complaints
The city wants people to submit complaints online instead.
What's open and closed in Minnesota on the Fourth of July
Grocery stores are open, though some have limited hours.
18-year-old killed by exploding firework in Brooklyn Park
Police arrived at the scene to see the victim's friend performing CPR.
Boy found in Brooklyn Park is reunited with parents
The boy was found shortly before 6 p.m. Sunday.
1 dead, 1 arrested after shooting involving teens in Duluth
A 17-year-old was arrested around 1:45 a.m. Sunday. Neither the victim nor the suspect has been identified.
NASCAR driver joins MN boy in reclaiming 'Let's go Brandon' slogan
Brandon Brundidge gained recognition when his mother shared the story of how he found inspiration in "Let's go Brandon" signs.
Fastenal Q3 profit up 13 percent
Lower expenses and a 10 percent sales growth helped boost Fastenal Co's third-quarter net income by 13 percent, RTTNews reports. The Winona-based company, an industrial and construction supplier, posted a profit of $109.3 million, or 37 cents a share, compared to $96.8 million, or 33 cents a share, a year ago.
Polaris earnings jump 43% during 2Q, will expand in India
Medina-based Polaris Industries Inc. reported a record second quarter net income of $69.8 million or $0.98 per share, Wall Street Journal reports. The better-than-expected results were driven by double-digit sales growth in all types of vehicles, led by its on-road motorcycles.
Fastenal reports May sales jumped 18.4%, Q2 sales in question
Investors were expecting more from the Winona-based company during its historically strong month. Fastenal will now have to post even stronger June sales to match analyst expectations for the second-quarter. It sells everything from bolts to power tools to plumbing equipment at more than 2,600 stores.
Ecolab net income jumps 47 percent in 2Q after acquisition
St. Paul-based Ecolab posted second quarter sales that jumped 74 percent to $3 billion thanks to its December acquisition of liquid filtration giant Nalco, the Star Tribune reports. Excluding Nalco, sales rose 3 percent during the quarter. All combined, net income jumped an impressive 47 percent to $184.5 million, or 62 cents a share.
Select Comfort 2Q earnings surge 50 percent
Select Comfort Corp.'s shares soared 19 percent in after-hours trading Wednesday after the company reported it beat Wall Street expectations with strong gains in both sales and profits. The Plymouth-based maker of the Sleep Number bed also announced plans to open more stores than originally expected.
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