8-K
filed July 13, 2023, 7:59 PM ET
ticker FAST
CIK 0000815556
earnings
confidence high
sentiment neutral
materiality 0.65
Fastenal Q2 EPS $0.52 (+4.6% YoY); Onsite signing guidance cut to ~350
FASTENAL CO
2023-Q2 EPS reported
$1.04
revenue$3,742,200,000
- Q2 net sales $1.88B (+5.9% YoY); diluted EPS $0.52 vs $0.50.
- Gross margin fell to 45.5% from 46.5%; operating margin 21.0% vs 21.6%.
- Operating cash flow surged 99.8% to $302.1M, 101.4% of net earnings.
- Onsite signings guidance reduced: now ~350 for FY2023 vs prior 375-400.
- Digital Footprint reached 55.3% of sales (up from 47.9%); FMI sales +18.4%.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FASTENAL CO reported the quarter ended June 30, 2023 results: revenue $ 1,883.1, net income $ 298.0, EPS $ 0.52.
- Period
- the quarter ended June 30, 2023
- Revenue
- $ 1,883.1
- Net income
- $ 298.0
- EPS
- $ 0.52
- Result
- reported results
Exact text from the filing
PERFORMANCE SUMMARY Six-month Period Three-month Period 2023 2022 Change 2023 2022 Change Net sales $ 3,742.2 3,482.6 7.5 % $ 1,883.1 1,778.6 5.9 % Business days 128 128 64 64 Daily sales $ 29.2 27.2 7.5 % $ 29.4 27.8 5.9 % Gross profit $ 1,707.5 1,620.9 5.3 % $ 857.5 827.6 3.6 % % of net sales 45.6 % 46.5 % 45.5 % 46.5 % Operating and administrative expenses $ 919.4 879.5 4.5 % $ 462.6 444.2 4.1 % % of net sales 24.6 % 25.3 % 24.6 % 25.0 % Operating income $ 788.1 741.4 6.3 % $ 394.9 383.4 3.0 % % of net sales 21.1 % 21.3 % 21.0 % 21.6 % Earnings before income taxes $ 782.3 736.5 6.2 % $ 392.6 380.7 3.1 % % of net sales 20.9 % 21.2 % 20.9 % 21.4 % Net earnings $ 593.1 556.7 6.6 % $ 298.0 287.1 3.8 % Diluted net earnings per share $ 1.04 0.96 7.4 % $ 0.52 0.50 4.6 %
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FASTENAL CO reported the six months ended June 30, 2023 results: revenue $ 3,742.2, net income $ 593.1, EPS $ 1.04.
- Period
- the six months ended June 30, 2023
- Revenue
- $ 3,742.2
- Net income
- $ 593.1
- EPS
- $ 1.04
- Result
- reported results
Exact text from the filing
PERFORMANCE SUMMARY Six-month Period Three-month Period 2023 2022 Change 2023 2022 Change Net sales $ 3,742.2 3,482.6 7.5 % $ 1,883.1 1,778.6 5.9 % Business days 128 128 64 64 Daily sales $ 29.2 27.2 7.5 % $ 29.4 27.8 5.9 % Gross profit $ 1,707.5 1,620.9 5.3 % $ 857.5 827.6 3.6 % % of net sales 45.6 % 46.5 % 45.5 % 46.5 % Operating and administrative expenses $ 919.4 879.5 4.5 % $ 462.6 444.2 4.1 % % of net sales 24.6 % 25.3 % 24.6 % 25.0 % Operating income $ 788.1 741.4 6.3 % $ 394.9 383.4 3.0 % % of net sales 21.1 % 21.3 % 21.0 % 21.6 % Earnings before income taxes $ 782.3 736.5 6.2 % $ 392.6 380.7 3.1 % % of net sales 20.9 % 21.2 % 20.9 % 21.4 % Net earnings $ 593.1 556.7 6.6 % $ 298.0 287.1 3.8 % Diluted net earnings per share $ 1.04 0.96 7.4 % $ 0.52 0.50 4.6 %
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.