---
schema_version: "secwatch.filing_event.v1"
accession: "0000815556-24-000017"
form_type: "8-K"
ticker: "FAST"
cik: "0000815556"
company_name: "FASTENAL CO"
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:13:58.751035+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fastenal Q1 net sales up 1.9% to $1.895B; EPS unchanged at $0.52

## Summary
- Net sales $1.895B (+1.9% YoY); diluted EPS $0.52 (flat YoY).
- Operating margin 20.6% vs 21.2% a year ago; SG&A deleveraged to 24.9% of sales.
- Fastener sales DSR -4.4% YoY; safety supplies DSR +8.3%; Onsite locations up 11.8% to 1,872.
- Digital Footprint 59.2% of sales (vs 54.1% a year ago); FMI sales +7.6%.
- Operating cash flow $335.6M (112.7% of net income); capex guidance $225-245M for 2024.

## SEC filing metadata
- accession: 0000815556-24-000017
- form_type: 8-K
- ticker: FAST
- cik: 0000815556
- company_name: FASTENAL CO
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/815556/000081555624000017/0000815556-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815556/000081555624000017/fast-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000815556-24-000017
- JSON: https://secwatch.observer/filing/0000815556-24-000017.json
- Plain text: https://secwatch.observer/filing/0000815556-24-000017.txt

## Key facts
- Earnings Releases
  FASTENAL CO reported the quarter ended March 31, 2024 results: revenue $ 1,895.1, net income $ 297.7, EPS $ 0.52.
  - Period: the quarter ended March 31, 2024
  - Revenue: $ 1,895.1
  - Net income: $ 297.7
  - EPS: $ 0.52
  - Result: reported results
  source text: expenses', and 'income before income taxes', respectively, and are calculated in conformity with U.S. GAAP. PERFORMANCE SUMMARY Three-month Period 2024 2023 Change Net sales $ 1,895.1 1,859.1 1.9 % Business days 64 64 Daily sales $ 29.6 29.0 1.9 % Gross profit $ 861.6 850.0 1.4 % % of net sales 45.5 % 45.7 % Selling, general, and administrative expenses $ 471.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/815556/000081555624000017/0000815556-24-000017-index.htm

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