secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2021-07-13T23:59:59+00:00
Accession:  0000815556-21-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q2 2021 EPS flat at $0.42; fastener sales surge 28.4% YoY
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- Net sales $1,507.7M, essentially flat YoY; fastener daily sales +28.4%, safety daily sales -38.6% due to COVID surge comparisons.
- Gross margin improved 200 bps to 46.5% of net sales; operating margin up 20 bps to 21.1%.
- Signed 87 new Onsite locations in Q2; active sites up 9.2% to 1,323; still targeting 300-350 signings for full year.
- FMI (vending/bin/stock) daily sales +61.4%; Digital Footprint at 41.7% of sales.
- Capex guidance reaffirmed at $170-200M for 2021; total debt $405M, 12.3% of capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555621000028/0000815556-21-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555621000028/fast-20210713.htm
  HTML page:      https://secwatch.observer/filing/0000815556-21-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer