secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0000815556-23-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q4 net sales up 10.7% to $1.7B, EPS $0.43; full-year EPS $1.89, up 17.8%
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- Q4 revenue $1,695.6M (+10.7% YoY); gross margin fell to 45.3% from 46.5% due to mix and pricing.
- Full-year net sales $6,980.6M (+16.1%); net earnings $1,086.9M (+17.5%); operating cash flow $941.0M (+22.2%).
- Onsite locations active 1,623 (+14.6%); signed 62 new Onsites in Q4; 2023 goal 375-400 signings.
- FMI Technology sales $663.4M in Q4 (+22.1%), representing 38.7% of total sales; 2023 device signing goal 23k-25k MEUs.
- Returned $949.1M to shareholders in 2022 via dividends ($711.3M) and buybacks ($237.8M); capex guidance for 2023 $210-230M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000002/0000815556-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000002/fast-20230119.htm
  HTML page:      https://secwatch.observer/filing/0000815556-23-000002

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