Fastenal Company (FAST) Q2 2026 Earnings Call Transcript
Fastenal's NASDAQ: FAST stock price declined following its Q2 earnings release, creating another solid entry point for investors. The worst that can be said about the report is that earnings were only in alignment with the consensus forecast, providing no immediate impetus for bullish behavior.
Fastenal NASDAQ: FAST reported a strong second quarter of 2026, with executives pointing to double-digit daily sales growth, share gains, operating leverage and strong cash generation during what marked Dan Florness' final earnings call as chief executive officer.
FAST beats Q2 sales estimates as contract customer growth and digital sales gained momentum, but margin pressures and weaker cash flow weighed on the stock.
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Fastenal (FAST) came out with quarterly earnings of $0.33 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.29 per share a year ago.
Fastenal Co (NASDAQ:FAST) stock is up 0.7% at $46.80 this morning, following fresh coverage initiation from Rothschild & Co Redburn with a "buy" rating and $55 price target.
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FAST heads into Q2 earnings with higher EPS expectations as strong manufacturing demand, contract wins and digital initiatives support sales growth.
Fastenal (FAST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Fastenal (FAST) reported earnings 30 days ago. What's next for the stock?