Fastenal Co Stock Price, News & Analysis

Fastenal (Nasdaq:FAST) has scheduled its 2025 third quarter earnings conference call for October 13, 2025, at 9:00 a.m. central time. The company will broadcast the call live via the internet, with the presentation materials becoming available at 6:00 a.m. central time on the same day.

Investors can access both the conference call and presentation through the company's investor relations website. The webcast archive will remain accessible until December 1, 2025, requiring participants to have a compatible device with speakers for listening.

Fastenal (Nasdaq: FAST) has launched operations at its new 298,000 square-foot distribution center in Magna, Utah. The state-of-the-art facility consolidates previously scattered Salt Lake City operations into a single, technologically advanced hub featuring enhanced product intake, order picking, and shipping sortation systems.

The distribution center, known as 'UHUB', serves a vast territory from Wyoming to Idaho and from Alberta, Canada to Sonora, Mexico. The facility's design allows for potential expansion to 600,000 square feet and represents a strategic investment in Fastenal's Western U.S. growth plans, following a similar upgrade in Lacey, Washington.

Fastenal (NASDAQ:FAST) reported strong Q2 2025 financial results with net sales increasing 8.6% to $2.08 billion compared to Q2 2024. The company achieved net income of $330.3 million, up 12.8% year-over-year, and diluted earnings per share of $0.29, representing a 12.7% increase.

Key performance metrics include gross profit margin of 45.3% and operating margin of 21.0%. Contract sales grew 11.0%, representing 73.2% of total sales. The company's FMI Technology initiatives showed strong momentum, with Digital Footprint sales reaching 61.0% of total sales. Product pricing contributed a positive 140-170 basis points impact on net sales.

Growth was driven by improved customer contract signings, though market conditions remained sluggish. Manufacturing end markets outperformed, while non-residential construction showed positive growth for the first time in ten quarters.

Fastenal (Nasdaq:FAST) has declared a quarterly cash dividend of $0.22 per share, payable on August 26, 2025, to shareholders of record as of July 29, 2025. This represents a continuation of the company's consistent dividend payment history, which began with annual dividends in 1991, evolved to semi-annual in 2003, and quarterly since 2011.

The company has demonstrated a strong track record of dividend growth, with regular quarterly payments increasing from $0.175 per share in 2023 to the current $0.22 per share in 2025. Additionally, Fastenal has historically provided special one-time dividends, with the most recent paid in December 2023. The company's board intends to maintain quarterly dividend payments, subject to financial conditions and operational results.

Fastenal (NASDAQ: FAST) has released its 2025 ESG Report, highlighting the company's sustainability and governance achievements for the year 2024. The report follows GRI standards and aligns with SASB and TCFD frameworks. Key achievements include earning a silver medal from EcoVadis, placing Fastenal in the top 15% of rated companies, and achieving an Experience Modification Rate (EMR) that was 54% better than industry average for workplace safety.

The company has invested in carbon reporting solutions and completed a double materiality assessment in preparation for EU's Corporate Sustainability Reporting Directive. With over 24,000 employees, Fastenal continues to focus on improving its ESG-related systems, processes, and reporting while driving innovations in sustainability, safety, cybersecurity, and supply chain management.

Fastenal (NASDAQ:FAST) has scheduled its 2025 second quarter earnings conference call for July 14, 2025, at 9:00 a.m. Central Time. The conference call will be accessible via live webcast on the company's investor relations website.

The earnings presentation materials will be available at 6:00 a.m. Central Time on the day of the call. An online archive of the webcast will remain accessible until September 1, 2025. Participants will need a compatible device with speakers to access the webcast.

Fastenal Company (Nasdaq:FAST) has announced a significant corporate action with its board of directors approving a two-for-one stock split of the company's outstanding common stock. The split will be implemented through an amendment to the Company's Restated Articles of Incorporation, which will also increase the authorized common stock proportionately.

Shareholders of record as of May 5, 2025 will receive one additional share for each share owned. The stock split will become effective at the close of business on May 21, 2025, with split-adjusted trading expected to commence on or about May 22, 2025.

Fastenal (FAST) reported Q1 2025 financial results with net sales increasing 3.4% to $1.96 billion. Daily sales grew 5.0% year-over-year, despite one less selling day. The company's net income slightly increased by 0.3% to $298.7 million, with diluted EPS remaining flat at $0.52.

Key performance metrics include: gross profit margin declined to 45.1% from 45.5%, operating income rose 0.9% to $393.9 million, and SG&A expenses increased to 25.0% of net sales. Contract sales showed strong growth at 8.5%, while non-contract sales declined 3.6%.

By product category, safety supplies grew 7.1%, other product lines increased 6.7%, and fasteners showed modest growth of 1.1%. Manufacturing end markets performed well with 6.8% growth, while non-manufacturing segments declined 0.6%. The company's digital footprint expanded to 61.0% of sales, up from 59.2% in the previous year.

Fastenal (Nasdaq:FAST) has declared a quarterly cash dividend of $0.44 per share, payable on May 23, 2025, to shareholders of record as of April 25, 2025. This represents an increase from the previous quarter's dividend of $0.43.

The company has maintained a consistent dividend history, evolving from annual payments since 1991 to quarterly distributions since 2011. Notable special one-time dividends were paid in December 2008, 2012, 2020, and 2023. The regular dividend payments for 2024 totaled $1.56 per share, while 2023 saw $1.40 in regular dividends plus a $0.38 special dividend.

Over the past decade, Fastenal has paid total dividends of $6,223.7 million, with regular dividends per share increasing from $0.60 in 2016 to the current rate. The company maintains authority to purchase up to 6.2 million additional shares under its July 2022 authorization, though no shares were repurchased in Q1 2025.