◦ Amounts may not foot due to rounding differences. 11 10 • Our 4Q23 operating margin was 20.1%, up from 19.6% in 4Q22. Operating expenses were 25.3% of net sales, from 25.7% in 4Q22 despite the low daily sales growth. 46.5% 45.3% 45.5% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 35% 40% 45% 50% Gross Profit Margin 19.6% 19.6% 20.1% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 16% 18% 20% 22% 24% Operating Income Margin 7 • 4Q23 gross margin was 45.5%, up from 45.3% in 4Q22. B ...

Fastenal Company (NASDAQ:FAST) Q4 2023 Results Conference Call January 18, 2024 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting & Regulatory Compliance Manager Dan Florness - President and Chief Executive Officer Holden Lewis - Chief Financial Officer Conference Call Participants Michael Hoffman - Stifel David Manthey - Baird Chris Dankert - Loop Capital Markets Ken Newman - KeyBanc Capital Markets Nigel Coe - Wolfe Research Ryan Merkel - William Blair Operator Hello, and welcome to the ...

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter and year ended December 31, 2023. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Throughout this document, percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values i ...

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on February 29, 2024 to shareholders of record at the close of business on February 1, 2024. 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, Fastenal ha ...

In a shortened and fairly quiet week in regards to the earnings lineup, a few top-rated Zacks stocks are standing out before their quarterly results.As investors await earnings from Microsoft (MSFT)  and Netflix (NFLX)  next week, 1ST Source (SRCE)  and Fastenal (FAST)  are two companies that shouldn’t be overlooked ahead of their fourth quarter reports on Thursday, January 18.Fastenal Q4 Preview & Overview Fastenal is one of the most appealing retailers at the moment as a national wholesale distributor of ...

In observance of the birth of Dr. Martin Luther King, Jr., stock markets in the U.S. are closed today. Neither are any economic reports scheduled to come out today. Nevertheless, we here at Zacks continue to keep you updated — if not for events happening in real time, then for what we can expect in this holiday-shortened week to come.First, let’s take a quick look back on the first two weeks of the new year. While we have already seen a couple sessions reminiscent of the robust positivity we saw in the fina ...

Fastenal Company (FAST) is scheduled to report fourth-quarter 2023 results on Jan 18, before the opening bell.In the last reported quarter, earnings beat the Zacks Consensus Estimate by 2%, but net sales missed the same by 0.2%. Earnings and net sales increased 4.1% and 2.4% from the year-ago figures, respectively. Fastenal’s earnings topped the consensus mark in three of the last four quarters and met on one occasion, with the average being 2.6%.Trend in Estimate RevisionFor the quarter to be reported, the ...

Wall Street analysts forecast that Fastenal (FAST) will report quarterly earnings of $0.45 per share in its upcoming release, pointing to a year-over-year increase of 4.7%. It is anticipated that revenues will amount to $1.75 billion, exhibiting an increase of 3.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefram ...

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2023 annual and fourth quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Thursday, January 18, 2024 at 9:00 a.m. central time. To access the call, please visit the following Web address: https://investor.fastenal.com/events.cfm Our conference call presentation (which includes information, supplemental to that contained i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023, or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________ to __________ Commission file number 0-16125 FASTENAL COMPANY (Exact name of registrant as specified in its charter) Minneso ...