Highest-materiality recent filing
Shareholders approve new equity compensation plans for employees and directors
On April 23, 2026, Fastenal shareholders approved two equity compensation plans.
Fastenal shareholders elect all 11 directors, approve equity plans, reject EEO-1 proposal
All 11 director nominees elected with over 881M votes each; broker non-votes ~119.4M.
Fastenal Q1 2026 net sales up 12.4% to $2.2B; EPS $0.30 vs $0.26 YoY
Net sales $2,201.7M (+12.4%); diluted EPS $0.30 vs $0.26 (+13.6%).
Fastenal Q4 net sales +11.1% to $2.03B, EPS $0.26 vs $0.23; FY net income $1.26B, up 9.4%
Net sales $2,027.4M in Q4 (+11.1% YoY); full-year $8,200.5M (+8.7%).
Fastenal CEO Daniel Florness to step down July 2026; Jeffery Watts named successor
Daniel L. Florness to step down as CEO and resign from Board effective July 16, 2026; will serve as Strategic Advisor until early 2028.
Fastenal appoints Max Tunnicliff as CFO and Senior EVP effective Nov 10, 2025
Max Tunnicliff named CFO and Senior EVP, effective Nov 10, 2025.
Fastenal Q3 net sales $2.13B (+11.7% YoY); EPS $0.29 (+12.3% YoY)
Q3 net sales $2,133M (+11.7% YoY); diluted EPS $0.29 (+12.3% YoY).
Fastenal Q2 EPS $0.29 (+12.7% YoY) on sales $2.08B; cuts FMI signing guidance
Net sales $2.08B, +8.6% YoY; diluted EPS $0.29 vs $0.25.
Fastenal approves 2-for-1 forward stock split; annual meeting elects all directors
2-for-1 forward split effective May 21, 2025 after close; trading begins May 22 on Nasdaq.
Fastenal announces 2-for-1 stock split, effective May 21, 2025
Holders of record on May 5, 2025 receive one additional share for each share owned.
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.
Fastenal appoints Sheryl Lisowski as interim CFO, effective April 17
Sheryl Lisowski, 57, previously EVP – Chief Accounting Officer and Treasurer, adds interim CFO role.
Fastenal investor day presentation held March 13, 2025; no new financial data
Agenda includes CEO Dan Florness, CFO Holden Lewis, and multiple sales executives.
Fastenal confirms KPMG dismissal after FY2024 audit, PwC engaged for FY2025
KPMG completed FY2024 audit on Feb 6, 2025; dismissal effective immediately after.
Fastenal Q4 net income down 1.6% to $262.1M; EPS flat at $0.46; operating margin contracts
Q4 net sales $1,824.5M (+3.7% YoY); daily sales grew 2.1% on one extra selling day.
Fastenal director Lundquist not standing for re-election; Ericson appointed to board
Nicholas J. Lundquist informed Fastenal he will not stand for re-election effective Jan 16, 2025, due to five-year term limit for former employees.
Fastenal CFO Holden Lewis to resign effective April 16, 2025; to assist transition
CFO Holden Lewis resigns effective April 16, 2025; will remain until then.
Fastenal promotes Donnalee Papenfuss to EVP Strategy & Communications effective Nov 1
Papenfuss, a 25-year Fastenal veteran, promoted to newly created Executive Vice President role.
Fastenal Q3 EPS flat at $0.52; revenue up 3.5% but gross margin drops 100bps
Net sales $1.91B (+3.5% YoY); daily sales +1.9%, with one extra selling day.
Fastenal selects PwC as new auditor, dismissing KPMG after 2024 audit
KPMG dismissed effective after completing audit of FY ending Dec 31, 2024.
Fastenal Q2 2024: Net Sales Rise 1.8%, Net Income Falls 1.8% to $292.7M
Diluted EPS was $0.51 in Q2 2024, down 2.0% from $0.52 in Q2 2023.
Jeff Watts promoted to President and CSO of Fastenal; Florness remains CEO
Watts appointed President and Chief Sales Officer effective August 1, 2024.
Fastenal shareholders remove supermajority vote requirement for business combinations
Removal of Article VI supermajority provision approved with 461M votes for (99.5% of votes cast); effective April 25, 2024.
Fastenal Q1 net sales up 1.9% to $1.895B; EPS unchanged at $0.52
Net sales $1.895B (+1.9% YoY); diluted EPS $0.52 (flat YoY).
appointed Sheryl A. Lisowski, the Company's Executive Vice President – Chief Accounting Officer and Treasurer, to serve in the additional role of interim Chief Financial Officer of the Company, effective April 17, 2025
Also on January 16, 2025, the Board elected as a director of the Company, Mr. Brady D. Ericson, effective as of the same date, keeping the number of directors on the Board at eleven.
On January 16, 2025, Nicholas J. Lundquist, a director of the Board of Directors (the "Board") of Fastenal Company (the "Company" or "Fastenal"), informed the Company that he will not stand for re-election as a director of the Company and tendered his notification of ineligibility, effective as of January 16, 2025.
Mr. Daniel L. Florness who will be voluntarily vacating the President position on the Effective Date.
On July 11, 2024, Mr. Jeffery M. Watts was appointed by the Board of Directors (the 'Board') of Fastenal Company (the 'Company') to the position of President and Chief Sales Officer, effective on August 1, 2024
Max materiality 0.75 · Median 0.60 · Most common event earnings