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 ...

Fastenal Company (NASDAQ:FAST) Q3 2023 Earnings Conference Call October 12, 2023 10:00 AM ET Company Participants Taylor Ranta - IR Dan Florness - President & CEO Holden Lewis - CFO Conference Call Participants Nigel Coe - Wolfe Research Christopher Snyder - UBS David Manthey - Baird Jacob Levinson - Melius Research Patrick Baumann - JPMorgan Tommy Moll - Stephens Ryan Merkel - William Blair Operator Hello, and welcome to the Fastenal 2023 Q3 Earnings Results Conference Call and Webcast. [Operator Instructi ...

1 | --- | --- | |-----------------------------------------------------------------------------------------------------|-------| | | | | All statements made herein that are not historical facts (e.g., future operating results, long-term | | CEO MESSAGES ON 2Q23 $0.00 $0.05 $0.10 $0.15 $0.20 $0.25 $0.30 $0.35 $0.40 $0.45 $0.50 $0.55 EPS (Fully Diluted) 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 $0.42 • In 2Q23, we appointed Jeff Watts as Chief Sales Officer. Mr. Watts has been with Fastenal f ...

Fastenal Company (NASDAQ:FAST) Q2 2023 Earnings Conference Call July 13, 2023 10:00 AM ET Company Participants Taylor Ranta - Investor Relations Dan Florness - President & Chief Executive Officer Holden Lewis - Chief Financial Officer Conference Call Participants David Manthey - Baird Michael Hoffman - Stifel Chris Dankert - Loop Capital Markets Ryan Merkel - William Blair Josh Pokrzywinski - Morgan Stanley Tommy Moll - Stephens Operator Good morning and welcome to Fastenal 2023 Second Quarter Earnings Conf ...