secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2023-07-13T23:59:59+00:00
Accession:  0000815556-23-000039
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q2 EPS $0.52 (+4.6% YoY); Onsite signing guidance cut to ~350
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/0000815556-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555623000039/fast-20230713.htm
  HTML page:      https://secwatch.observer/filing/0000815556-23-000039

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