secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0000815556-24-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555624000017/0000815556-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555624000017/fast-20240411.htm
  HTML page:      https://secwatch.observer/filing/0000815556-24-000017

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