earnings
confidence high
sentiment positive
materiality 0.65
Fastenal Q3 net sales up 16% to $1.80B, EPS $0.50 (+17.4%); margins expand
FASTENAL CO
2022-Q3 EPS reported
$1.46
revenue$5,285,000,000
- Q3 net sales $1,802.4M (+16.0% YoY); diluted EPS $0.50 vs $0.42 (+17.4%).
- Operating margin improved to 21.0% from 20.5%; gross margin dipped to 45.9% from 46.3%.
- Signed 86 new Onsite locations; active Onsites up 14.6% YoY to 1,567.
- Digital Footprint sales reached 49.5% of total sales, up from 43.7%.
- Operating cash flow $257.9M (+54.1%); capex guidance narrowed to $170-190M.