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Fastenal Co (FAST) Stock News

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Fastenal Company supplies industrial and construction products through a wholesale distribution model built around local branches, customer sites, regional distribution networks and embedded technology. Its product categories include fasteners, safety supplies, cutting tools, tools, janitorial supplies and other maintenance, repair and operations products used by manufacturing, construction, warehouse, data center, wholesale and government customers.

Recurring Fastenal news covers quarterly and annual earnings, daily sales trends, operating margin, cash flow, dividends, share repurchase activity and customer-site growth. Company updates also address logistics capacity, distribution facilities, technology expansion, key account wins and brand activity tied to safety products such as Body Guard.

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Fastenal (FAST) reported third-quarter 2026 net sales of $2,463.3 million, with earnings and operating margin improving from a year earlier. Sales rose 15.5%, net income increased 19.7% to $401.6 million, and diluted earnings per share rose 19.8% to $0.35. Operating margin reached 21.5%, versus 20.7%, while gross margin fell to 44.8% from 45.3%.

Contract customer daily sales grew 18.8%, compared with 7.8% for non-contract customers. Operating cash flow was $422 million, representing 105% of net income, and dividends and repurchases returned $328 million to shareholders. Digital Footprint sales, combining inventory technology and electronic sales without double counting, rose 16.1% to $1,536.5 million. Fastenal lowered its 2026 weighted FASTBin and FASTVend device-signing goal to 27,000–29,000 machine equivalent units from 28,000–30,000.

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Fastenal (Nasdaq: FAST) declared a cash dividend of $0.26 per share, payable November 25, 2026, to eligible shareholders. The record date is October 28, 2026, at the close of business. The quarterly amount is unchanged from the third quarter. Dividends paid or declared for 2026 total $1.000 per share, compared with $0.875 in 2025 and $0.780 in 2024.

Third-quarter 2026 repurchases totaled 650,000 shares at an average price of $46.49. The 2026 repurchase total is 1,725,000 shares for $80.0 million, averaging $46.39 per share. Fastenal retains authority to purchase up to 10,675,000 shares under its July 12, 2022 authorization, which has no expiration date. Estimated 2026 dividends total $1,147.4 million, including the declared payment and using 1,147.3 million shares outstanding at September 30, 2026.

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Fastenal (FAST) will hold a conference call on October 14, 2026, to review third-quarter 2026 results and current operations. The live webcast begins at 9:00 a.m. central time. Supplemental presentation materials will be available at 6:00 a.m. central time that day.

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Fastenal (Nasdaq: FAST) reported second quarter 2026 net sales of $2.39 billion, up 14.7% year-over-year on equal selling days, with daily sales rising to $37.3 million. Net income grew 15.9% to $382.8 million, and diluted EPS increased 15.9% to $0.33.

Operating margin was 21.0%, flat versus 2025, as SG&A leverage (down 80 bps to 23.5% of sales) offset a 75 bps gross margin decline to 44.6% driven mainly by unfavorable price/cost. Operating cash flow reached $266 million (69% of net income). Fastenal returned $305 million to shareholders via dividends and buybacks, or 80% of net income.

Growth was led by larger contract customers (contract sales DSR +17.6%, 75.8% of sales) and manufacturing end markets. Digital channels remained significant, with Digital Footprint representing 61.6% of sales and FMI Technology sales up mid-teens.

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Fastenal (Nasdaq: FAST) announced its board declared a $0.26 per share cash dividend, payable on August 25, 2026 to shareholders of record on July 28, 2026. This represents the third dividend of 2026, following first- and second-quarter dividends of $0.24 per share.

According to Fastenal, 2026 regular dividends per share total $0.740 year-to-date, with estimated total dividends paid of $849.3 million, based on 1,147.5 million shares outstanding at June 30, 2026. Over the last ten years, the company reports $7,231.6 million in dividends and $525.2 million of share repurchases, including 1,075,000 shares repurchased in 2026 for $49.8 million and 650,000 shares bought in Q2 2026 at an average price of $45.72. Fastenal retains authority to repurchase up to 11,325,000 additional shares under a July 12, 2022 authorization with no expiration date.

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Fastenal (NASDAQ: FAST) released its 2026 Impact Report covering 2025, detailing initiatives in sustainability, governance, safety, employee development, customer solutions, and community engagement.

Key points include enhanced GHG reporting, expanded scope 3 coverage, zero-waste certification, plastic recycling milestones, and an improved EcoVadis silver rating.

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Fastenal (Nasdaq: FAST) scheduled a conference call to review its 2026 second quarter earnings and current operations. The live Internet broadcast will occur on Tuesday, July 14, 2026, at 9:00 a.m. CT.

A supplemental presentation will post at 6:00 a.m. CT, and a webcast archive will remain online until September 1, 2026.

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Fastenal (NASDAQ: FAST) has been named an official partner of the 2026 Special Olympics USA Games, taking place June 20–26 in Minnesota's Twin Cities area. Fastenal donated over $100,000 in products, including tools, equipment, safety gear, and nearly 500 logoed vests and hardhats to support event operations and safety.

The partnership aligns with Fastenal's long-standing support for inclusive employment and its belief in providing opportunities for people of all abilities.

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Fastenal (NASDAQ: FAST) partnered with FIRST Robotics to improve accessibility at all future FIRST Robotics Competition events. Working with Team 3313 Mechatronics and FIRST engineers, Fastenal engineered and manufactured 50 custom accessibility ramps.

The ramps debuted at the global FIRST Championship and are now part of the standard competition field kit.

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Fastenal (Nasdaq:FAST) reported Q1 2026 net sales of $2,201.7 million, up 12.4% year-over-year, driven by share gains, pricing and broad end‑market demand.

Operating income was $447.6 million (20.3% of sales). Operating cash flow was $378 million (111% of net income). The company returned $296 million to shareholders.

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FAQ

What is the current stock price of Fastenal (FAST)?

Fastenal (FAST) last closed at $52.55.

What is the market cap of Fastenal (FAST)?

The market cap of Fastenal (FAST) is approximately $60.3B.