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Fastenal 2025 Second Quarter Earnings Report

15 Jul 2025

Description

This earnings report details Fastenal Company's financial performance for the second quarter of 2025, comparing it to the same period in 2024. It highlights an increase in net sales, gross profit, and net income, driven by improved customer contract signings and growth in customer spend, despite sluggish market conditions. The report further examines sales trends across product categories and end markets, noting the strong performance of non-fastener products and manufacturing customers. Additionally, it provides insights into operational expenses, cash flow, balance sheet changes, and the company's strategic investments in FMI Technology and employee headcount to support future growth.

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