In Conclusion... In summary, we're delighted to see that Fastenal has been compounding returns by reinvesting at consistently high rates of return, as these are common traits of a multi-bagger ...

Fastenal benefits from a cost advantage over peers driven by the vast scale of its distribution network. Once Fastenal moves its operations onto the customer's site, we suspect frictional costs ...

Fastenal plans on growing from 2,000 on-site customers to over 15,000. These tend to be more lucrative than branches as customers are willing to outsource more of their supply chain functions if ...

Fastenal (NasdaqGS:FAST) recently approved a two-for-one stock split, increasing authorized shares, coinciding with a 6% share price rise last quarter. This action might have influenced investor ...

Fastenal is an expensive stock, as shown in the valuation segment, yet future prospects label it as a buy. I believe a good entry point lies 5-6% below current prices, creating the opportunity for ...

Despite these misses, Fastenal’s net sales saw a 3.7% year-over-year increase, though daily sales growth slowed to 2.1%, reflecting ongoing challenges in the manufacturing environment.

By CEO standards, Bob Kierlin had modest needs. The co-founder of Fastenal, an international seller of nuts, bolts and other supplies for manufacturing and construction firms, took a salary of ...

SEC Filings Published 01/17/2025, 05:00 PM 0 Fastenal announces board changes and new director FAST -0.67% ...

Sales of fasteners, one of the core segments of the wholesale distributor, fell to 29.9% of the company's total sales, compared with 31.1% a year earlier.

Second, Fastenal has embraced its digital business as an efficient way to reach customers. In Q3, the company’s digital business accounted for 61.1% of total sales, which is a sizeable step up ...

That offset a drop in fastener sales of 4.0%. Fastenal's stock rose almost 10% Friday afternoon to $76.81, its highest level since early April, and the shares are up about 18.5% so far in 2024.