CSIMarket
 
Fastenal Co  (FAST)
Other Ticker:  
 
    Sector  Retail    Industry Home Improvement
   Industry Home Improvement
   Sector  Retail
 
Price: $67.3100 $-0.59 -0.869%
Day's High: $68.11 Week Perf: -2.21 %
Day's Low: $ 67.20 30 Day Perf: 3.49 %
Volume (M): 2,890 52 Wk High: $ 79.04
Volume (M$): $ 194,531 52 Wk Avg: $64.14
Open: $67.65 52 Wk Low: $53.83



 Market Capitalization (Millions $) 38,643
 Shares Outstanding (Millions) 574
 Employees 20,507
 Revenues (TTM) (Millions $) 7,414
 Net Income (TTM) (Millions $) 1,152
 Cash Flow (TTM) (Millions $) 22
 Capital Exp. (TTM) (Millions $) 224

Fastenal Co

Fastenal Company began as a partnership in 1967, and was incorporated under the laws of Minnesota in 1968.

We sell industrial and construction supplies in a wholesale and retail fashion.

Products

Our original product offerings were fasteners and other industrial and construction supplies, many of which are sold under the Fastenal® product name. This product line, which we refer to as the fastener product line, consists of two broad categories: threaded fasteners, such as bolts, nuts, screws, studs, and related washers; and miscellaneous supplies, such as paints, various pins and machinery keys, concrete anchors, batteries, sealants, metal framing systems, wire rope, strut, private-label stud anchors, rivets, and related accessories.

Threaded fasteners are used in most manufactured products and building projects, and in the maintenance and repair of machines and structures. Many aspects of the threaded fastener market are common to all cities. Variations from city to city that do exist typically relate to the types of businesses operating in a market or to the environmental conditions in a market. Therefore, we open each store with a broad selection of base stocks of inventory and then allow the local store and district leaders to tailor the additional inventory to the local market demand as it develops.

Sources of Supply

We use a large number of suppliers for the approximately 825,000 standard stock items we distribute. Most items distributed by our network can be purchased from several sources, although preferred sourcing is used for some stock items to facilitate quality control.

Competition

Our business is highly competitive. Competitors include both large distributors located primarily in large cities and smaller distributors located in many of the same cities in which we have stores. We believe that the principal competitive factors affecting the markets for our products are customer service and convenience.



   Company Address: 2001 Theurer Boulevard Winona 55987 MN
   Company Phone Number: 454-5374   Stock Exchange / Ticker: NASDAQ FAST
    Next quarterly dividend pay out on August 23, 2024.


Customers Net Income grew by FAST's Customers Net Profit Margin fell to

4.33 %

13 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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Fastenal Co

The Home Improvement Company Reports Significant Revenue Growth for Q2 20242.

Fastenal Co, the industrial distributor of fasteners and construction supplies, has recently reported its financial results for the quarter ended June 30, 2024. Despite a revenue elevation of 1.721%, the company experienced a decline in income by -1.92% in comparison to the corresponding reporting period a year prior. The revenue stood at $1.92 billion and the earnings per share (EPS) at $0.51. However, the previous reporting period showed a decrease in net profit per share by -1.92%, from $0.52 per share, while revenue surged by 1.103% from $1.89 billion.
The bottom-line of $292.700 million for the fiscal span ending June 30, 2024, fell by -1.78% from $298.000 million in the corresponding period a year before. Fastenal Co shifted its focus on improving sales during this period, which led to a decrease in net margin to 15.28%. Additionally, operating earnings fell by -2.03% to $386.9 million, resulting in a squeeze in Fastenal Co's operating margin to 20.2%, from 20.97% in the second quarter of 2023.

Stocks on the Move

Fastenal Cos YTD Performance Mixed Factors Affect Stocks Growth Potential

Published Tue, Jul 16 2024 12:01 PM UTC

Fastenal Co, the industrial distributor of fasteners and construction supplies, has witnessed a comparatively softer year-to-date performance in comparison to the overall market. While measuring against the CSIMarkets index, which monitors Fastenal Co's suppliers, the company's shares have failed to match the market's impressive 19.15% growth. This article analyzes several r...

Dividend

Fastenal Company Strengthens Investor Confidence with Latest Cash Dividend Declaration

Published Mon, Jul 15 2024 7:45 AM UTC

Fastenal Company Continues Strong Commitment to Shareholders with Cash Dividend Announcement
Fastenal Company announced its latest cash dividend in line with its ongoing dedication to providing returns to shareholders. The board of directors declared a dividend of $0.39 per share to be paid in cash, showcasing the company's financial stability and commitment to rewarding...

Dividend

Fastenal Company's Dividend Declaration Boosts Share Price

Published Sun, Jul 14 2024 7:36 AM UTC

Fastenal Company Declares Cash Dividend: Impact on Share Price
In a recent press release, Fastenal Company announced that its board of directors declared a dividend of $0.39 per share to be paid in cash on August 23, 2024. This news comes as a positive development for shareholders, as it demonstrates the company's commitment to returning value to investors.
Fastenal...

Dividend

Fastenal Company Declares Cash Dividend Despite Recent Share Price Decline

Published Sat, Jul 13 2024 7:46 AM UTC


The Fastenal Company recently announced that its board of directors has declared a dividend of $0.39 per share to be paid in cash on August 23, 2024. This news comes at a time when the company's share price has experienced a decline, with Fastenal Co shares down by -0.59% over the past 30 days and -15.51% in the past 90 days. Additionally, the company's shares are tradi...






 

Fastenal Co's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Fastenal Co does not provide revenue guidance.

Earnings Outlook
Fastenal Co does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
International

Fastenal Co's Operating Statistics Decrease / Increase
       
Number of Stores     
Avg. Sales per Operating Store (thousands $)    Avg. Sales per Operating Store (thousands $) Growth   




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