secwatch.observer — SEC 8-K summary
======================================

Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2021-10-12T23:59:59+00:00
Accession:  0000815556-21-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q3 net sales up 10% to $1.55B; EPS $0.42; lowers Onsite and FMI guidance
--------------------------------------------------------------------------------

- Q3 net sales $1,554.2M, up 10.0% YoY; diluted EPS $0.42 vs $0.38 (+9.7%).
- Gross margin improved 100bps to 46.3% due to overhead leverage and product mix.
- Fastener daily sales rose 20.2% YoY; safety product daily sales declined 2.9%.
- Onsite signings guidance lowered to 285-325 from 300-350; FMI MEU signings guided to 20,500-22,000 from 23,000-25,000.
- Digital Footprint (FMI + e-commerce) accounted for 43.7% of Q3 sales; e-commerce daily sales up 43.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555621000037/0000815556-21-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555621000037/fast-20211012.htm
  HTML page:      https://secwatch.observer/filing/0000815556-21-000037

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