Fastenal Hits 2 Billion Sales Record

Fastenal Company (NASDAQ:FAST) reported fiscal 2025 second-quarter results on Monday, July 14, 2025, noting record quarterly sales surpassing $2 billion for the first time, with 8.6% revenue growth and 12.7% EPS growth to $0.29 per split-adjusted share. Management highlighted sustained acceleration in contract customer signings, an increase in operating margin to 21%, and a ramp-up in pricing actions to address tariff-driven cost pressures. Management's guidance includes expectations for additional pricing actions in the second half of 2025 and double-digit sales growth in the second half of the year.Contract customer sales in the second quarter rose 11%, now comprising 73.2% of revenue, up from 71.2% a year earlier, while Q2 saw 84 contract signings, outpacing prior quarters despite ongoing weak end-market demand. Revenue from sites generating $10,000 or more per month grew by 11.6%.This step change demonstrates significant market share expansion and increased customer stickiness, providing Fastenal with greater recurring revenue visibility and resilience in the face of broader industrial sector stagnation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool