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Investing in Fastenal (FAST)? Don't Miss Assessing Its International Revenue Trends
FASTFastenal(FAST) ZACKS·2025-05-13 14:23

Core Insights - Fastenal's international operations are crucial for understanding its financial strength and growth potential, especially in the context of a global economy [2][4] - The company's reliance on international markets provides opportunities for revenue diversification but also presents challenges such as currency fluctuations and geopolitical risks [3][9] Financial Performance - For the quarter ending March 2025, Fastenal reported total revenue of 1.96billion,ayearoveryearincreaseof3.41.96 billion, a year-over-year increase of 3.4% [4] - Revenue from Other foreign countries was 61.1 million, contributing 3.12% to total revenue, surpassing the consensus estimate of 60.3million[5]RevenuefromCanadaandMexicoamountedto60.3 million [5] - Revenue from Canada and Mexico amounted to 268.9 million, accounting for 13.72% of total revenue, also exceeding expectations [6] Future Projections - Analysts project Fastenal's total revenue for the current fiscal quarter to be 2.05billion,indicatinga6.92.05 billion, indicating a 6.9% increase from the prior year [7] - For the full year, total annual revenue is expected to reach 8.08 billion, reflecting a 7% increase compared to last year [8] Stock Performance - Over the past month, Fastenal's stock has declined by 1.4%, while the Zacks S&P 500 composite increased by 9.1% [13] - In the last three months, Fastenal's stock price increased by 7.2%, contrasting with a 3.1% decline in the S&P 500 index [13]