FAST - Fastenal GAAP EPS of $0.40 misses by $0.02 revenue of $1.69B beats by $20M
- Fastenal press release ( NASDAQ: FAST ): Q4 GAAP EPS of $0.40 misses by $0.02 .
- Revenue of $1.69B (+10.5% Y/Y) beats by $20M .
- Gross profit, as a percentage of net sales, declined to 45.3% in the fourth quarter of 2022 from 46.5% in the fourth quarter of 2021
- Total debt on our balance sheet was $555.0 at the end of 2022, or 14.9% of total capital (the sum of stockholders' equity and total debt). This compares to $390.0, or 11.4% of total capital, at the end of 2021.
- Shares +1% PM.
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Fastenal GAAP EPS of $0.40 misses by $0.02, revenue of $1.69B beats by $20M