earnings
confidence high
sentiment neutral
materiality 0.70
Fastenal Q1 net sales +3.4% to $1,959M; EPS flat at $0.52; gross margin 45.1%
FASTENAL CO
2025-Q1 EPS reported
$0.52
revenue$1,959,400,000
- Daily sales grew 5.0% (one less selling day); fastener DSR +1.1% after 7 quarters of decline.
- Gross margin fell 40 bps to 45.1% on customer/product mix and higher fleet/transport costs.
- Operating income margin 20.1% vs 20.6% a year ago; SG&A grew 3.9%.
- Inventory up 11.9% YoY to $1,674M due to growth support and anticipated tariff impact.
- Capex guidance for 2025 raised to $265-$285M; FMI signing target maintained at 28k-30k MEUs.