Feed - Buzzberg

14:00
Jul 14 ◎

FAST FY2026 Q2 Watch

Fastenal Company (FAST) FY2026 Q2 Earnings Call

14:00
Apr 13 ◎

FAST FY2026 Q1 Watch

Fastenal Company (FAST) FY2026 Q1 Earnings Call

FAST ▾

Jeff Watts

Management expresses confidence in continued market share gains and broadening end-market growth. Despite near-term gross margin pressure from tariff-related pricing lags, they expect to restore price-cost neutrality through ongoing pricing actions and see improving manufacturing PMI as a positive forward indicator.

"Q1 was a very strong quarter and a great start to the year. We delivered 12.4% daily sales growth, our third consecutive quarter of double-digit growth."

FAST WATCH

HIGH

15:00
Jan 20 ◎

FAST FY2025 Q4 Watch

Fastenal Company (FAST) FY2025 Q4 Earnings Call

FAST SNA SWK ▾

Dan

Management is openly guiding to double-digit sales growth in 2026, citing their key-account strategy, FMI technology penetration, and momentum exiting 2025; the tone is confident and clearly more bullish than the mixed macro commentary would suggest.

"we have great momentum as we exit 2025, and we anticipate double-digit net sales growth in 2026, supported by FMI technology and digital solutions, and we feel really good about momentum"

FAST WATCH

Dan

Management explicitly called out that a wide swath of the non-fastener (branded supplier) portion of the business saw a price/cost squeeze in Q4, a dynamic that differed from the fastener side where they have better sourcing visibility. — Fastenal's commentary implies that branded tool and fastener suppliers (e.g., Snap-on, Stanley Black & Decker) have been raising prices broadly rather than in a tariff-targeted way, which strains the distributor margin model and suggests they are passing on their own cost inflation.

"With fasters, we are sourcing from the ultimate manufacturers, and it gives us a tremendous amount of visibility to manage that with our customer. As we touched on in our October earnings call, with the non-fasters, There's a piece where"

SNA WATCH SWK WATCH

HIGH

Feed — Buzzberg