FASTENAL CO News
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
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Fastenal's Stock Performance Amid Recent Industry Developments
- Analyzing Fastenal's stock amid recent industrial supply sector events.
22d
Fastenal Reports Double-Digit Revenue Growth in Q2 2026 Despite Margin Challenges
Fastenal Company, a leading distributor of industrial and construction supplies, reported its second-quarter 2026 earnings on July 14, 2026. The company achieved a 14.7% increase in net sales, reaching $2.39 billion, compared to the same period in 2025. However, this growth was accompanied by a 75-basis-point decline in gross margin to 44.6%, attributed to unfavorable price-cost positions, higher transportation costs, customer mix headwinds, and tariff-driven input cost increases.
27d
Fastenal's Q2 2026 Earnings: Strong Sales Growth Amid Margin Pressures
Fastenal reports 14.7% sales increase but faces margin challenges in Q2 2026.
19 Jul at 19:25
Fastenal's Q2 2026 Earnings: Revenue Growth Amid Margin Pressures
Fastenal reports Q2 2026 revenue growth but faces margin challenges.
12 Jul at 19:23
Fastenal's Stock Performance Amid Tariff Challenges and Analyst Upgrades
Fastenal navigates tariff impacts and gains analyst confidence.
07 Jul at 06:17
Fastenal Faces Market Challenges Amid Tariffs and Analyst Downgrades
Fastenal's stock declines due to tariffs and analyst downgrades.
13 Mar at 10:11
Fastenal Sales Spike, Institutional Trim, Dividend
Fastenal reported a double-digit sales increase in February while one institutional investor trimmed its stake and the company confirmed a quarterly dividend—signals that mix operational strength with investor caution in the industrial supply space.