Highest-materiality recent filing
Fastenal appoints Jeffery M. Watts as director and CEO, effective July 16, 2026; sets compensation
Jeffery M. Watts appointed President and CEO and elected to Board, succeeding Daniel L. Florness, effective July 16, 2026.
Fastenal Q2 2026 net sales up 14.7% to $2.39B; EPS $0.33 vs $0.29 YoY
Daily sales +14.7% YoY to $37.3M; net sales $2.387B; operating margin 21.0% consistent YoY.
Fastenal renews $835M credit facility, reduces private placement capacity to $600M
Revolving credit commitment increased to $835M with accordion option up to $500M; maturity extended to June 18, 2031.
Fastenal elects Vishal Talwar to board; adds FedEx executive
Vishal Talwar elected as independent director effective June 12, 2026, increasing board to 12.
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).
Fastenal Q4 net earnings $266.4M ($0.46 EPS); sales up 3.7% to $1.76B
Net earnings $266.4M ($0.46 diluted EPS) vs $245.6M ($0.43) in Q4 2022; full-year EPS $2.02.
Fastenal declares $0.38/share special cash dividend payable Dec 20, 2023
One-time $0.38 per share cash dividend; record date Dec 6, 2023.
Fastenal Q3 EPS $0.52, sales up 2.4%; fastener DSR -2%; capex guide cut to $180-190M
Diluted EPS $0.52 (up 4.1%); net sales $1,845.9M (+2.4%); daily sales growth 4.0%.
Fastenal appoints Anthony Broersma as EVP-Operations effective Oct 11, 2023
Broersma, former SVP-Operations, will lead supply chain, eCommerce, logistics and more.
Fastenal COO Terry Owen resigns effective Oct 31, no successor named
Terry M. Owen resigns as Chief Operations Officer, effective October 31, 2023.
Fastenal Q2 EPS $0.52 (+4.6% YoY); Onsite signing guidance cut to ~350
Q2 net sales $1.88B (+5.9% YoY); diluted EPS $0.52 vs $0.50.
Fastenal appoints Irene Quarshie to Audit Committee
Original Form 8-K on June 9, 2023 reported election of Irene A. Quarshie to the Board.
Fastenal elects Target SVP Irene Quarshie to board as independent director
Irene A. Quarshie elected to Fastenal board effective June 9, 2023, increasing board size to 11.
Fastenal names Terry Owen COO, Jeffery Watts CSO in executive restructuring
Terry M. Owen transitions from Senior EVP-Sales Operations to new COO role overseeing global sourcing, manufacturing, and logistics.
Fastenal shareholders elect all director nominees and ratify KPMG as auditor at 2023 annual meeting
All 10 director nominees elected with majority support; broker non-votes of 44.9M shares.
Fastenal Q1 net sales up 9.1% to $1.86B; EPS $0.52 (+10.4%)
Net sales $1,859.1M (+9.1% YoY); diluted EPS $0.52 (+10.4%).
Fastenal Q4 net sales up 10.7% to $1.7B, EPS $0.43; full-year EPS $1.89, up 17.8%
Q4 revenue $1,695.6M (+10.7% YoY); gross margin fell to 45.3% from 46.5% due to mix and pricing.
Fastenal Q3 net sales up 16% to $1.80B, EPS $0.50 (+17.4%); margins expand
Q3 net sales $1,802.4M (+16.0% YoY); diluted EPS $0.50 vs $0.42 (+17.4%).
Fastenal amends credit facilities: revolver increased to $835M, maturity extended to 2027
Revolving credit commitment increased to $835M, with uncommitted accordion up to $1.2B; maturity extended to September 28, 2027.
Fastenal Q2 net sales up 18% to $1.78B, EPS $0.50 (+19.7%), guides FMI signings lower
Q2 net sales $1,778.6M (+18.0% YoY); diluted EPS $0.50 vs $0.42; net earnings $287.1M (+19.8%).
Fastenal shareholders elect all 10 directors, ratify KPMG, approve say-on-pay at 2022 annual meeting
All 10 director nominees elected; Scott Satterlee received 424.4M for, 44.7M against.
Fastenal Q1 net sales up 20.3% to $1.70B, EPS $0.47 (+27.8% YoY)
Net sales $1,704.1M (+20.3% YoY); organic daily sales +18.4% with 100 bps boost from easier weather comp.
Fastenal Q4 net sales up 12.8% to $1.53B; EPS $0.40 vs $0.34 YoY
Daily sales grew 14.6% in Q4; full-year net sales $6.01B (+6.4% YoY).
Fastenal Q3 net sales up 10% to $1.55B; EPS $0.42; lowers Onsite and FMI guidance
Q3 net sales $1,554.2M, up 10.0% YoY; diluted EPS $0.42 vs $0.38 (+9.7%).
Fastenal elects Sarah N. Nielsen as independent director effective Aug 16, 2021
Nielsen elected to board effective Aug 16, 2021; board size increases from 9 to 10.
Fastenal Q2 2021 EPS flat at $0.42; fastener sales surge 28.4% YoY
Net sales $1,507.7M, essentially flat YoY; fastener daily sales +28.4%, safety daily sales -38.6% due to COVID surge comparisons.
On June 12, 2026, the Board of Directors (the 'Board') of Fastenal Company (the 'Company') elected as a director of the Company Mr. Vishal Talwar, effective on June 12, 2026
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
On October 11, 2023, the Board of Directors of Fastenal Company (the "Company") appointed Anthony P. Broersma as the Executive Vice President-Operations of the Company effective October 11, 2023.
On October 9, 2023, Terry M. Owen resigned as the Chief Operations Officer of Fastenal Company (the "Company") effective October 31, 2023.
On June 9, 2023, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Ms. Irene A. Quarshie, effective on June 9, 2023, increasing the number of directors on the Board from ten to eleven on this date.
Mr. Jeffery M. Watts, 51, the Executive Vice President-International Sales of the Company will transition to the newly established executive officer position of Chief Sales Officer
Mr. Terry M. Owen, 54, the Senior Executive Vice President-Sales Operations of the Company will transition to the newly established executive officer position of Chief Operating Officer
On August 13, 2021, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Ms. Sarah N. Nielsen, effective on August 16, 2021
Max materiality 0.80 · Median 0.60 · Most common event earnings