Quarterly ResultJul 16, 2026, 03:01 PM
Fastenal Q2 Net Sales Up 14.7% to $2.39B; EPS Rises 15.9% to $0.33
AI Summary
Fastenal reported strong second-quarter 2026 results with net sales increasing 14.7% to $2.39 billion and diluted EPS rising 15.9% to $0.33. Net income for the quarter was $382.8 million, up 15.9% year-over-year. The company also amended its credit facility, extending maturity to 2031 and increasing the uncommitted accordion option, and declared a quarterly dividend of $0.26 per share.
Key Highlights
- Q2 2026 Net Sales: $2.39 billion, up 14.7% year-over-year.
- Q2 2026 Diluted EPS: $0.33, up 15.9% year-over-year.
- Q2 2026 Net Income: $382.8 million, up 15.9% year-over-year.
- Amended credit facility, extending maturity to 2031 and increasing accordion option.
- Declared Q3 2026 dividend of $0.26 per share, an increase from previous quarters.
- Net cash provided by operating activities for six months: $644.1 million, up 19.1%.
- Total FTE employee headcount increased by 1.9% over the last twelve months.
- US net sales for Q2: $1.97 billion, representing 82.5% of total.
Price Impact
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