secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0000815556-23-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q1 net sales up 9.1% to $1.86B; EPS $0.52 (+10.4%)
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- Net sales $1,859.1M (+9.1% YoY); diluted EPS $0.52 (+10.4%).
- Gross margin fell to 45.7% from 46.6% due to mix and product margin pressure.
- Onsite locations added 89 new sites; total active up 16.3% to 1,674.
- FMI (digital) sales rose 21.3% to $740.4M, now 39.4% of sales.
- Operating cash flow $388.5M, up 68.9%, driven by working capital improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000019/0000815556-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000019/fast-20230413.htm
  HTML page:      https://secwatch.observer/filing/0000815556-23-000019

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