secwatch.observer — SEC 8-K summary
======================================

Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0000815556-25-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastenal Q1 net sales +3.4% to $1,959M; EPS flat at $0.52; gross margin 45.1%
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555625000079/0000815556-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555625000079/fast-20250411.htm
  HTML page:      https://secwatch.observer/filing/0000815556-25-000079

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