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14.10.26 - 13:24
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Fastenal Co. Q3 Profit Rises (AFX)
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WINONA (dpa-AFX) - Fastenal Co. (FAST) released earnings for its third quarter that Increased, from the same period last yearThe company's earnings came in at $401.6 million, or $0.35 per share. T......
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14.10.26 - 12:54
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Fastenal Company Reports 2026 Third Quarter Earnings (Business Wire)
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Daily sales increased 15.5% year-over-year, primarily driven by share gains with larger customers, pricing actions, and broad-based demand across core end markets.
Operating margin was 21.5%, a 90 basis point improvement year-over-year, as selling, general, and administrative expense leverage more than offset customer mix-related gross margin pressure.
Operating cash flow was $422 million, representing 105% of net income, reflecting the timing of working capital changes associated with strong sales growth.
Returned $328 million to shareholders through dividends and share repurchases, representing 82% of net income.
Continued progress on strategic initiatives, including increased sales effectiveness through key account wins, expansion of digital technologies, and deeper penetration through new customer site growth.
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us'), a global leader in supply chain services, today reported results for the third quarter ...
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13.10.26 - 22:06
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Fastenal Company Announces Cash Dividend and Share Repurchase Activity (Business Wire)
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WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') reported its board of directors declared a dividend of $0.26 per share to be paid in cash on November 25, 2026 to shareholders of record at the close of business on October 28, 2026. Except for share and per share information, dollar amounts are stated in millions.
We began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. In addition to these regular dividend payments, we have previously paid special one-time dividends in December 2008, December 2012, December 2020, and December 2023. Our board of directors currently intends to continue paying quarterly dividends, though all future determinations as to payment of dividends will depend upon the financial condition and results of operations of Fastenal and such other factors as are deemed relevant by the board of directors at that time.
In 2026, 2025, and 2024, we paid (or declared) divide...
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28.09.26 - 22:06
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Fastenal Company Announces Conference Call to Review 2026 Third Quarter Earnings (Business Wire)
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WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) ('Fastenal,' 'we,' 'our,' or 'us') announced the date and time for its conference call to review 2026 third quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Wednesday, October 14, 2026, at 9:00 a.m. central time.To access the call, please visit the following Web address:https://investor.fastenal.com/events.cfmOur conference call presentation (which includes information, supplemental to that contained in our earnings announcement, regarding results for the quarter) will be available at 6:00 a.m., central time, on the day of the conference call. To access the presentation, please visit the following Web address: https://investor.fastenal.com/releases.cfmAn online archive of the webcast will be available within one hour of the conclusion of the call and will remain available until December 1, 2026. Participants must have a compatible device with speakers to listen to the onlin...
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10.09.26 - 05:30
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"Not Behind Us": Major US Tool Distributor Warns Tungsten Cost Shock Is Hitting Factory Floors (ZeroHedge)
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"Not Behind Us": Major US Tool Distributor Warns Tungsten Cost Shock Is Hitting Factory Floors
Speaking at the Jefferies Industrials Conference earlier on Wednesday, MSC Industrial executive Martina McIsaac warned of a tungsten supply shock rippling through the company's supply chain and continuing to drive up industrial tooling costs.
McIsaac told Steve Volkmann, an industrial analyst at Jefferies, that inflation affecting tungsten carbide inputs is "in the neighborhood of 500%" and said suppliers were still passing higher costs through the manufacturing chain.
Cutting tools represent about 15% of MSC's revenue, making tungsten a major source of pricing pressure for one of the largest industrial distributors of tools and supplies across North America used by factories and machine shops. Notably, Grainger and Fastenal are larger by revenue.
"Tungsten has been the biggest driver," McIsaac said. "It's not our whole business, but it's a chunk of business, an...
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