Fastenal Co

FAST: XNAS (USA)

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Fastenal Earnings: Slower Growth Continues To Be a Profit Margin Headwind

Brian Bernard

Jan 17, 2025

Fourth-quarter daily sales, which adjusts for the number of business days across reporting periods, increased 2.1% year over year as Fastenal continues to navigate through soft end market demand. Operating margin slipped 120 basis points to 18.9%, below our 19.5% projection for the quarter.

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Fastenal Co

Fastenal Earnings: Slower Growth Continues To Be a Profit Margin Headwind

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