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

Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2022-07-13T23:59:59+00:00
Accession:  0000815556-22-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q2 net sales up 18% to $1.78B, EPS $0.50 (+19.7%), guides FMI signings lower
--------------------------------------------------------------------------------

- Q2 net sales $1,778.6M (+18.0% YoY); diluted EPS $0.50 vs $0.42; net earnings $287.1M (+19.8%).
- Gross margin flat at 46.5%; operating margin improved to 21.6% from 21.1% on expense leverage.
- Reduced 2022 FMI signings goal to 21,000-23,000 weighted MEUs from prior 23,000-25,000.
- Operating cash flow $151.2M (-11.8%); working capital up due to inflation and customer growth.
- Returned $227.8M to shareholders in Q2 ($178.5M dividends, $49.3M buybacks).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555622000031/0000815556-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555622000031/fast-20220713.htm
  HTML page:      https://secwatch.observer/filing/0000815556-22-000031

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