Buy-and-hold dividend growth investors know something about the best dividend stocks to buy that less experienced yield-hunters don't: it pays to be patient when you're investing for income. Shares in companies that raise their payouts like clockwork decade after decade can produce superior total returns (price change plus dividends) over the long run, even if they sport apparently ho-hum yields to begin with. That's partly because regular dividend increases lift the yield on an investor's original cost bas ...

Generally, when investing in stocks we look for companies with strong brand power, differentiation and significant barriers to entry. This is not the case with Fastenal Co. (FAST, Financial). As the company operates in the industrial supplies distribution sector, there is little differentiation and a low barrier to entry. The company makes up for this, however, by being very efficient in executing its business model, offering diversified solutions, inventory solutions and has a large distribution network, w ...

In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential. A Look into FAST's International Revenue Streams Wall Street analysts expect Fastenal to ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No ☐ Indic ...

The quarterly results reflect higher unit sales attributable to growth with larger customers and Onsite locations opened in the last two years. The uptrend was partially offset by lower product pricing showcasing lower fastener pricing, which is a by-product of lower transportation costs, as well as lower pricing in certain safety and other product categories. Also, foreign exchange rates negatively impacted the quarter's sales to some extent. Shares of the company gained 5.6% in the pre-market trading sess ...

Fastenal Company (NASDAQ:FAST) Q2 2024 Earnings Conference Call July 12, 2024 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting & Regulatory Compliance Manager Daniel Florness - President & CEO Holden Lewis - CFO Conference Call Participants Tommy Moll - Stephens Stephen Volkmann - Jefferies Nigel Coe - Wolfe Research David Manthey - Baird Ryan Merkel - William Blair Operator Good morning, and welcome to the Fastenal Second Quarter 2024 Earnings Results Conference Call. At this time, all p ...

1 18.4% 18.0% 16.0% 10.7% 9.1% 5.9% 4.0% 3.7% 1.9% 1.8% 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% • The U.S. Manufacturing Purchasing Managers' Index (PMI; see table, next slide) has been sub-50, indicating weak manufacturing activity, for 19 of the last 20 months. This is an uncommon duration that weighs on U.S. Industrial Production and our daily sales rates. U.S. Manufacturing PMI 2014 ## ## ## ## ## ## ## ## ## ## ## ## 2020 ## ## ## ## ## ## ## # ...

Those monitoring the macroeconomic landscape for clues on whether a slowdown is on the horizon can look no further than Fastenal's (NASDAQ:FAST) earnings results. With more than 80% of its sales coming from the manufacturing and construction sectors, FAST stock remains a reliable proxy for the health of the broader industrial economy. In my view, today's earnings results show continuing softness in a key sector of the economy. In prior coverage on FAST, I've maintained neutral positioning due to a combinati ...

Analysts have yet to chime in this morning, though options traders are targeting Fastenal stock at four times the intraday average amount. The July 67.12 call is the most popular, followed by the 62.12 put. Before this week, the stock had steadily moved lower since March. Today's pop puts FAST on track for its highest daily percentage gain since January, and moving into positive territory for 2024. Shares of Fastenal Inc (NASDAQ:FAST) are up 4% at $66.75 at last glance, after the fastener distributer's seco ...

Fastenal (FAST) reported $1.92 billion in revenue for the quarter ended June 2024, representing a year-overyear increase of 1.8%. EPS of $0.51 for the same period compares to $0.52 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Fastenal performed in the ...