Fastenal (FAST) Reports In-Line Q2 EPS, Beats on Revenue
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Fastenal Company Reports 2026 Second Quarter Earnings
July 14, 2026 6:50 AM EDTDaily sales increased 14.7% year-over-year, primarily driven by share gains with larger customers, pricing actions, and broad-based demand across core end markets. Operating margin was 21.0%, consistent year-over-year, as selling, general, and administrative expense leverage fully offset gross margin headwinds, which were primarily related to unfavorable price/cost. Operating cash flow was $266 million, representing 69% of net income, reflecting the timing of working capital changes associated with strong sales growth. Returned $305 million to shareholders through dividends and share repurchases, representing 80% of net income. Continued progress on strategic initiatives, including increased sales... More
