---
schema_version: "secwatch.filing_event.v1"
accession: "0000815556-23-000043"
form_type: "8-K"
ticker: "FAST"
cik: "0000815556"
company_name: "FASTENAL CO"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T01:23:58.086015+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fastenal Q3 EPS $0.52, sales up 2.4%; fastener DSR -2%; capex guide cut to $180-190M

## Summary
- Diluted EPS $0.52 (up 4.1%); net sales $1,845.9M (+2.4%); daily sales growth 4.0%.
- Fastener DSR -2.0% (vs +18.2% in Q3 2022); safety +9.2%; non-residential construction DSR -7.2%.
- Signed 93 new Onsites in Q3; active sites up 13.5% to 1,778; target ~350 signings for FY2023.
- Capex guidance reduced to $180-190M from $210-230M; inventory down 9.8% YoY.
- Operating cash flow $388.1M (131.3% of net earnings, up from 90.6%); no share repurchases in Q3.

## SEC filing metadata
- accession: 0000815556-23-000043
- form_type: 8-K
- ticker: FAST
- cik: 0000815556
- company_name: FASTENAL CO
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/815556/000081555623000043/0000815556-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815556/000081555623000043/fast-20231012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000815556-23-000043
- JSON: https://secwatch.observer/filing/0000815556-23-000043.json
- Plain text: https://secwatch.observer/filing/0000815556-23-000043.txt

## Key facts
- Earnings Releases
  FASTENAL CO reported the quarter ended September 30, 2023 results: revenue $1,845.9, net income $295.5, EPS $0.52.
  - Period: the quarter ended September 30, 2023
  - Revenue: $1,845.9
  - Net income: $295.5
  - EPS: $0.52
  - Result: reported results
  source text: contraction (negative) for the applicable period. PERFORMANCE SUMMARY Nine-month Period Three-month Period 2023 2022 Change 2023 2022 Change Net sales $ 5,588.1 5,285.0 5.7 % $ 1,845.9 1,802.4 2.4 % Business days 191 192 63 64 Daily sales $ 29.3 27.5 6.3 % $ 29.3 28.2 4.0 % Gross profit $ 2,555.1 2,447.4 4.4 % $ 847.6 826.5 2.6 % % of net sales 45.7 % 46.3 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/815556/000081555623000043/0000815556-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.