Welcome to our dedicated page for Fastenal Co news (Ticker: FAST), a resource for investors and traders seeking the latest updates and insights on Fastenal Co stock.
Fastenal Company (Nasdaq: FAST) is an industrial supplies distributor and supply chain solutions provider whose activities generate a steady stream of company-specific news. As a participant in the industrial supplies merchant wholesalers space, Fastenal issues regular updates on earnings, dividends, leadership changes, distribution network investments, and community partnerships.
On this page, readers can follow FAST news related to quarterly and annual earnings announcements, where the company provides detailed breakdowns of sales by product category, end market, and customer type. These releases often discuss trends in fasteners, safety supplies, and other product lines, as well as metrics for Fastenal Managed Inventory (FMI), eBusiness, and its broader Digital Footprint.
Fastenal also publishes news on capital return and governance, including dividend declarations and information about share repurchase authorizations. Leadership updates, such as appointments of senior executives and planned CEO transitions, are disclosed through press releases and corresponding Form 8-K filings, offering insight into the company’s management and strategic priorities.
Beyond financial and governance topics, Fastenal’s news flow includes operational and strategic developments such as new or upgraded distribution centers, technology investments in logistics, and sponsorships or partnerships that expand its brand presence. Community-focused stories highlight collaborations with organizations like the American Red Cross and the National FFA Organization, as well as sports sponsorships in North America and Europe.
Investors, analysts, and industry observers who follow Fastenal news can use this feed to track developments affecting the company’s industrial distribution business, its global branch and distribution network, and its role in customer supply chains. Bookmark this page to monitor the latest FAST press releases and related updates as they are released.
Fastenal Company (Nasdaq: FAST) has declared a quarterly dividend of $0.28 per share, payable on November 23, 2021, to shareholders of record by the close of business on October 26, 2021. This marks a consistent history of quarterly dividend payments initiated in 2011, with total dividends for 2021 reaching $1.12 per share. The company, established in 1991 for annual dividends, has also issued special dividends in prior years. Future dividends depend on the company’s financial health and related factors.
Fastenal Company (NASDAQ: FAST) has scheduled a conference call for October 12, 2021 at 9:00 a.m. central time to discuss its third quarter results and current operations. The call will be accessible via the internet, with a presentation available starting at 6:00 a.m. central time on the same day. An archive of the call will remain available until December 1, 2021. Fastenal offers a wide range of products and services to optimize supply chain processes for its customers across various regions, including North America, Asia, and Europe.
Fastenal is actively involved in testing electric vehicles, collaborating with Penske Truck Leasing and Daimler Trucks North America. The company has been using two battery electric Freightliner eM2 box trucks since early 2020 for daily deliveries, covering nearly 900 miles per week across 16 locations. Fastenal also piloted the Freightliner eCascadia Class 8 truck. Supported by a $15.7 million grant from South Coast AQMD, this initiative aims to enhance sustainability and improve air quality in Southern California.
Fastenal Company (Nasdaq:FAST) reported its financial results for Q2 2021, revealing a slight net sales decline of 0.1% year-over-year, totaling $1,507.7 million. Gross profit increased by 4.3% to $700.7 million while net earnings rose to $239.7 million, yielding a diluted EPS of $0.42. The company saw strong demand in manufacturing and construction but faced a decline in PPE and sanitation product sales compared to the pandemic peak in 2020. The gross profit margin improved to 46.5%, reflecting favorable product mix and operational leverage.
Fastenal Company (Nasdaq: FAST) has declared a quarterly dividend of $0.28 per share, scheduled for payment on August 24, 2021. Shareholders must be on record by the close of business on July 27, 2021. Fastenal resumed quarterly dividends in 2011 after paying special dividends previously in December 2008, 2012, and 2020. The company has increased its dividend payouts over recent years, reflecting a commitment to returning income to shareholders, supported by its solid financial performance.
Fastenal Company (Nasdaq:FAST) has scheduled a conference call on July 13, 2021, at 9:00 a.m. CT to discuss 2021 second-quarter results and ongoing operations. The call will be accessible via the Internet, with a presentation available at 6:00 a.m. CT on the same day, offering supplemental information on quarterly results. An online archive of the webcast will remain available until September 1, 2021. Fastenal provides a broad range of products and services, focusing on simplifying supply chain processes for customers across multiple regions.
Fastenal Company (Nasdaq:FAST) has declared a quarterly dividend of $0.28 per share, payable on May 25, 2021, to shareholders on record as of April 26, 2021. This marks the continuation of Fastenal's dividend payments, which began in 1991 and transitioned to quarterly payments in 2011. The company has also issued special one-time dividends in the past. Future dividends will rely on financial conditions and decisions made by the board, with an intention to maintain regular payments.
Fastenal Company (Nasdaq:FAST) has scheduled a conference call for April 13, 2021, at 9:00 a.m. CT to discuss its first quarter results and current operations. The call will be accessible via the Fastenal investor website, where a presentation with supplemental earnings information will be available at 6:00 a.m. on the same day. The webcast recording will be archived for access until June 1, 2021. Fastenal specializes in supply chain solutions, offering over nine product lines through 3,200+ locations across North America, Asia, Europe, and Latin America.
Fastenal Company (NASDAQ: FAST) reported its 2020 financial results, showing a 5.9% increase in net sales to $5,647.3 million. The fourth quarter saw a 6.4% rise in net sales compared to the previous year, driven by demand for safety and janitorial products. However, gross profit margin declined 130 basis points to 45.6%. Operating income increased 8.0% year-over-year, while net earnings rose 8.6% to $859.1 million. The company returned $803.4 million in dividends, including a special dividend, reflecting a positive financial outlook.
Fastenal Company (Nasdaq:FAST) has declared a dividend of $0.28 per share, payable on March 3, 2021, to shareholders of record by the close of business on February 3, 2021. This marks the continuation of its long-standing dividend policy that began in 1991, evolving from annual to semi-annual and now quarterly payments since 2011. The company aims to maintain this dividend frequency; however, future payments will depend on financial conditions and operational results. Since 2019, total dividends have increased steadily, with a significant payout history, including special dividends.
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