Fastenal(FAST) - 2024 Q2 - Earnings Call Presentation

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 ## ## ## ## ## ## ## # ...