FAST News and Press, Fastenal Company From 10/23/22

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list ...

Summary The market is going through a period of extraordinary uncertainty. It makes the task of investing and conserving capital hugely challenging. With index investing, there's no escape from a roller coaster ride. For most people, especially retirees, it's very difficult to tol...

Summary Fastenal is a Dividend Contender with 23 consecutive years of dividend growth.  Shares currently yield 2.61%. Fastenal is one of those boring, under-the-radar businesses that allow for manufacturing and construction to operate smoothly. Fastenal has little disrupt...

Summary Investors have reacted well to Fastenal's third quarter report, as I believe there has been relief that sales and operating margin are still holding up well. Further deceleration seems likely as higher rates impact business expansion and improved supply availability reduce...

Shares of enterprise software companies MongoDB (NASDAQ: MDB) , Okta (NASDAQ: OKTA) , and Fastly (NASDAQ: FAST) rose more than the market today, starting the day up in the high single digits before retreating to lower gains of 2.6%, 3.5%, and 4.1%, respectively, as o...

Summary W.W. Grainger continues to post attractive financial results, and the company has done well to hold solid in this market. Long-term, management has some big plans for the firm, but this doesn't make the business a great prospect right now. Despite its favorable long-te...

Fastenal Company (FAST) Q3 2022 Earnings Conference Call October 13, 2022, 10:00 AM ET Company Participants Taylor Ranta - Financial Reporting and Regulatory Compliance Accountant Dan Florness - President and CEO Holden Lewis - Chief Financial Officer Confe...

The following slide deck was published by Fastenal Company in conjunction with their 2022 Q3 earnings call. For further details see: Fastenal Company 2022 Q3 - Results - Earnings Call Presentation

Fastenal ( NASDAQ: FAST ) -2.1% in early trading Thursday after posting better than expected adjusted Q3 earnings but gross margin fell from Q2 and last year, and the company said it was preparing for a "softer" 2023. Q3 net income improved to $284.6M, or $0.50/share...

Fastenal press release ( NASDAQ: FAST ): Q3 GAAP EPS of $0.50 beats by $0.02 . Revenue of $1.8B (+16.1% Y/Y) beats by $20M . Total debt on our balance sheet was $555.0 at the end of the third quarter of 2022, or 14.9% of total capital. Gross profit, as a pe...