Shares of Fastenal Co., the industrial and construction supplies vendor, are more than 9 percent in morning trading after the company reported higher profits for the second quarter than analysts had expected.

The surge is even better than it looks when compared to the overall markets, which are generally down amid signs of a growing trade war between the United States and China.

MarketWatch has a report on the stock bump for Winona-based Fastenal (NASDAQ: FAST), which on Wednesday reported quarterly earnings of $211.2 million, or 74 cents a share, up from $148.9 million, or 52 cents a share. Sales were nearly $1.27 billion, up from $1.22 billion.

Analysts had predicted earnings of 66 cents per share on sales of $1.26 billion.

At 11 a.m. EST Fastenal was trading at $55.21, its highest point since mid-March. It’s still down slightly from the start of the year but is up more than 13 percent from a year ago.

The company is the 18th largest public company in Minnesota, according to Business Journal research. In 2017, Fastenal posted $4.4 billion in sales, up from $3.9 billion the year before. It employed 20,565 people at the end of last year, most of them in its network of more than 2,600 branches that supply construction firms and other businesses.

And it seems to be having more growth on its mind. This spring, the company said it would redevelop a riverfront block in its hometown of Winona, building a 90,000-square-foot office complex that could potentially hold hundreds of employees (thought not necessarily all new ones).