Fastenal Company is a leading distributor of industrial and construction supplies, specializing in providing fasteners, tools, safety products, and work gear to a wide range of customers, including manufacturers, contractors, and maintenance professionals. The company operates a vast network of branches and vending solutions, enabling it to deliver products efficiently and provide tailored inventory management services. With a strong focus on customer service and operational excellence, Fastenal aims to support the needs of its diverse client base across various industries while promoting innovation and sustainability in its product offerings. Read More
Fastenal stock surged after a double beat earnings report, but management warned growth is driven by market share gains amid a still-soft industrial backdrop
U.S. equities traded sideways on Monday as investor sentiment wavered following President Donald Trump's weekend announcement of a sweeping 30% tariff on all imports from the European Union and Mexico, set to take effect August 1.
Shares of industrial supplier Fastenal (NASDAQ:FAST) jumped 3.3% in the morning session after the industrial supplies company reported second-quarter results that topped Wall Street expectations for both profit and revenue.
Before the US market kicks off on Monday, let's examine the pre-market session and unveil the notable performers among the S&P500 top gainers and losers.
Industrial supplier Fastenal (NASDAQ:FAST) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 8.6% year on year to $2.08 billion. Its GAAP profit of $0.29 per share was 3.7% above analysts’ consensus estimates.
Fastenal Company (Nasdaq:FAST) ('Fastenal', 'we', 'our', or 'us'), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended June 30, 2025. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. All historical common stock share and per share information and stockholders' equity balances for all periods presented in this release, including the financial statements attached to this release, have been retroactively adjusted to reflect a two-for-one stock split effective at the close of business on May 21, 2025. Percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values included in this document due to the rounding of those dollar values. References to daily sales rate (DSR) change may reflect either growth (positive) or contraction (negative) for the applicable period.
Fastenal Company (Nasdaq:FAST) ('Fastenal', 'we', 'our', or 'us') reported its board of directors declared a dividend of $0.22 per share to be paid in cash on August 26, 2025 to shareholders of record at the close of business on July 29, 2025. Except for share and per share information, dollar amounts are stated in millions. Share and per share information in this release has been adjusted to reflect a previously announced two-for-one stock split which took effect at the close of business on May 21, 2025.
Fastenal Company (Nasdaq: FAST) ('Fastenal', 'we', 'our', or 'us') is proud to announce the publication of our 2025 ESG Report. The report, which covers the year ending December 31, 2024, was produced with reference to the Global Reporting Initiative (GRI) standards and aligns with the ESG disclosure and reporting frameworks established by the Sustainability Accounting Standards Board (SASB, now part of the IFRS Foundation) and the Task Force on Climate-Related Financial Disclosures (TCFD).
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the maintenance and repair distributors industry, including Fastenal (NASDAQ:FAST) and its peers.
