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 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 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 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 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 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 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 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 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 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 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 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 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 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