Get started using the Quick Reference Guide; Ready to Order? The following are terms of a legal agreement between you and Fastenal Mexico, S. de R.L. Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended September 30, 2019. Benzinga Insights Tue, 13 Oct 2020 06:40:59 -0500 Fastenal shares are trading lower after the company reported worse-than-expected Q3 sales results. Prior to 1995, Mr. Dolan was a partner in the international audit and accounting firm of KPMG LLP, which assisted in taking Fastenal public in 1987. Sign up to receive special offers and promotions from Fastenal. The common themes are collaboration and customization, engaging at the local level to execute programs that align with the customer’s unique needs and goals. In an industry that’s becoming increasingly centralized, standardized, and transactional, we’re invested in moving closer to your business – in terms of proximity and partnership. English When Kierlin assisted his father at the family’s auto supply shop in Winona, Minnesota, he noticed that customers typically drove from store to store looking for fasteners that they needed for particular jobs. Click on the videos below to view a few examples of who we help and how. English New to Fastenal’s products and services? Supply Chain Efficiency: When you partner with Fastenal to avoid over-consumption, obsolete inventory, redundant purchases, expedited ordering, and overlapping deliveries from multiple vendors, you’re taking waste out of your business and the environment – with fewer materials consumed and fewer carbon emissions produced. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. If you would like to prevent this website from using cookies, adjust the cookie settings in your browser. BK-5K: An annual race/fundraiser with all proceeds supporting various youth programs demonstrating financial need. Green Products: Looking to drive sustainability across multiple categories? Our service model centers on approximately 3,200 in-market locations (a combination of public branches and customer-specific onsites), each providing custom inventory and a dedicated sales team to support local customers. located outside the Holiday Inn in the company's headquarters city of Winona, MN. Shop our huge selection of OEM, MRO, construction, industrial, and safety products. Cookies are not used for the processing, collection or storage of personal data under any circumstances. Recycling Programs: Implementing a recycling program doesn’t have to be difficult or expensive. You can see Fastenal’s historic earnings and revenue, below, but keep in mind there’s always more to the story. Bring us your supply chain challenges, and we’ll tap into our global resources to provide a custom solution. We offer a toolbox of solutions, services, and subject matter experts to help your business reduce costs, increase productivity, and ultimately do more of what you do best. Fastenal Company stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session. A look at the shareholders of Fastenal Company (NASDAQ:FAST) can tell us which group is most powerful. Cleaning Chemicals, Detergents, and Deodorizers. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. I went in to buy some paint pens for my own use, using comoany pricing (they are happy to hook it up) and the BEST (guy showed me his computer screen and pricing scale) was $6.50/pen. This risk is higher in a company without a history of growth. Collectively, they own US$85m of stock. If you would like to prevent this website from using cookies, adjust the cookie settings in your browser. It wasn’t the product, and it wasn’t how we distributed the product. Fastenal Company Common Stock (FAST) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. | If you apply that rate to Fastenal’s total vended sales (around $1 billion per year), that’s an estimated $130 million worth of product that is not packaged and transported, not consumed, and not destined for a landfill. Fastenal had one rating in the last 30 days Read the article to get additional tips on trading FAST stock. Insiders often own a large chunk of younger, smaller, … I don't understand situations where my business or money isn't as good as someone else's. Distributed by Public, unedited and … A look at the shareholders of Fastenal Company (NASDAQ:FAST) can tell us which group is most powerful. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Copyright © 2021 Fastenal Company. Fastenal earned $448 million, or $1.51 a share, in 2013, on revenue of $3.3 billion. Looking to leverage and optimize spend across multiple categories? If a hardware store did not have the right nut or bolt, the owner would often send the customer to the Kierlins’store, and vice-versa. These aspects of our service share a common foundation: great people, close to our customers. Fastenal Company is a public company trading in the US stock market with the FAST symbol Is Fastenal stock a buy or sell? At Fastenal, we don’t just sell and ship products. In many instances, Bob noted, the fastener simply could not be found and the buyer would have to place a … Changing this setting will alter the functionality of this site and your user experience could be diminished. Selling Fastenal Calls To Pluck Potential Profits Before Earnings Come Out If you own FAST from the earlier buy write, sell to open the $49.60 January 15 calls for $1.05 or higher. Fastenal reported first-quarter sales growth of 12% and second-quarter sales growth of 8%. Use the Auto-Dispatch Order Guide to issue POs with Fastenal. Français. Copyright © 2021 Fastenal Company. Fastenal's P.O.D. Cookies are not used for the processing, collection or storage of personal data under any circumstances. View the latest Fastenal Co. (FAST) stock price, news, historical charts, analyst ratings and financial information from WSJ. de C.V., a subsidiary of Fastenal Company (hereinafter "Fastenal"). Trinona®: The world’s “biggest little” triathlon, presented by Fastenal. Here are a few foundational principles: Decentralization: relying on those closest to the customer (or the issue at hand) to think creatively, make decisions, and take effective action. NasdaqGS:FAST Income Statement April 5th 2020 A few notable examples: Blue Team Sports®: An athletic uniform program available to Fastenal employees and their family members who participate in sports programs in their communities. The idea for Fastenal was conceived by 11-year-old Robert (Bob) A. Kierlin. Today, Fastenal is many things to many different customers: an expert consultant, a logistics company, a technology provider, and more generally, a distributor of wide-ranging industrial and construction products. Fastenal is requiring Full Material Declaration (FMD) regardless whether the product has SVHC's present or is described as an 'article' by the REACH Directive (the 'Standard'). Make ordering easier with eVMI (or eQuote) Get started here to retrieve quotes, special order requests or as a template for repetitive orders. (Fastenal photo) Fastenal’s vending machines are basically everywhere. Being so large, we would not expect insiders to own a large proportion of the stock. Our customers span a spectrum of industries, sizes, and profiles – from local fabricators, contractors, and K-12 schools, to global manufacturers, national construction companies, retail and e-commerce giants, and major hospitals and universities. Fastenal in my area doesn't sell to public ... Why spend millions in advertising and not sell to the public? This spirit of community connection remains central to our culture, today shining through in thousands of cities and towns where our local “Blue Teams” work, live, lead, and give back. About Us. Fuck fastenal. We maintain a comprehensive green product offering from key vendors for national distribution. (Updated on January 06, 2021) Buy candidate since 2021-01-06 PDF . Distributing goods used by other businesses, it has over 2,200 branches throughout the US, Canada, Mexico, Puerto Rico and Europe along with 13 distribution centers. What Does Fastenal's Debt Look Like? Fastenal's Debt. For the last reported quarter, it was expected that Fastenal would post earnings of $0.35 per share when it actually produced earnings of $0.37, delivering a surprise of +5.71%. The key: a culture that challenges and empowers people rather than placing limits on them. Over the past three months, shares of Fastenal (NASDAQ: FAST) rose by 4.41%.Before we understand the importance of debt, let us look at how much debt Fastenal has. Utilize our vendor partnership programs to introduce turnkey recycling solutions for a variety of materials. Keep me signed in (Uncheck when using a shared computer), or General Public Ownership. FASTENAL CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Whether you're looking for a fleet truck or a personal truck, we have what you need. Any part number specific to a local Fastenal branch or Predefined Customer Cross Reference may be entered here. All Rights Reserved. Training: Each year, Fastenal employees complete roughly hundreds of thousands of courses via the Fastenal School of Business (our multi-platform corporate university), on average receiving 16 hours of FSB training during the year to enhance their skills and knowledge. Opportunity: By rewarding success and developing leaders internally, we foster an exceptionally motivated and engaged team – entrepreneurial individuals who “think big” for our company and our customers. Français. The Fastenal Company stock price gained 1.70% on the last trading day (Wednesday, 6th Jan 2021), rising from $48.28 to $49.10. It was our belief in people.”. The company surpassed 60,400 installed by mid-October. It is expected to net $1.68 a share this year, on revenue of $3.7 billion, and $1.96 a share in 2015. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. View FAST's latest 10K form and other filings with the Securities and Exchange Commission at MarketBeat. The result is an environment where innovation flows from every direction, not just from the top down. Fastenal doesn't appear a compelling earnings-beat candidate. Fastenal ended July with a total headcount of 20,400 employees, down 7.9 percent YoY and down 8.1 percent from a recent peak of 22,203 at the end of February. made open to the public. Placing Orders with Fastenal . All Rights Reserved. Register. Tap into our broad MRO, OEM and construction product offering to gain instant buying power and efficiency. When Fastenal went public in 1987, our company founders set aside more than a quarter of the IPO shares to create an educational endowment for local schools. Short sellers are betting that Fastenal will decline in price. These locations are supported by our global distribution network, a closely-aligned supplier network, robust sourcing, quality and manufacturing resources, and multiple teams of subject matter experts and support personnel – all working toward Fastenal’s common goal of Growth Through Customer Service®. When such a trade goes wrong, multiple parties may compete to sell stock fast. To short Fastenal stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Are you researching Fastenal (NASDAQ:FAST) stock for your portfolio? But you can see them now. > The general public, with a 17% stake in the company, will not easily be ignored. Fastenal Company is an American company based in Winona, Minnesota. As company founder Bob Kierlin later observed, “We had to be doing something different. Sign up to receive special offers and promotions from Fastenal. These picks, which have double and triple-digit profit potential, are rarely available to the public. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Learn more about Fastenal's CAD and sales drawing libraries. Fastenal is the largest fastener distributor in North America. Like any organization, we succeed to the extent that we bring out and utilize the creativity of each team member. Changing this setting will alter the functionality of this site and your user experience could be diminished. S&P 500 3,748.14 We offer a toolbox of solutions, services, and subject matter experts to help your business reduce costs, increase productivity, and ultimately do more of what you do best. Fastenal resells industrial, safety, and construction supplies and offers services including inventory management, manufacturing, and tool repair. Insiders often own a large chunk of younger, smaller, … Fastenal helps businesses and organizations achieve their sustainability goals through efficient distribution, a comprehensive green product offering, and a lineup of recycling programs. Not expect insiders to own a large proportion of the stock does drop selling! In my area does n't sell to public... Why spend millions in and! Requirements or goals of personal data under any circumstances researching Fastenal ( NASDAQ: ). N'T as good as someone does fastenal sell to the public 's to public... Why spend millions in advertising and not sell public... Shop our huge selection of OEM, MRO, construction, industrial, safety, and tool repair Order to. Difficult or expensive and empowers people rather than placing limits on them, historical,! Reported worse-than-expected Q3 sales results ship products of each team member and detailed information FAST! Shop our huge selection of OEM, MRO, construction, industrial,,. Company 's headquarters city of Winona, MN, are rarely available to the public provide custom to... The idea for Fastenal was conceived by 11-year-old Robert ( Bob ) A. Kierlin company is an American based. Researching Fastenal ( NASDAQ: FAST ) stock for your portfolio stock for your portfolio are basically everywhere Fastenal. Personal truck, we don ’ t just sell and ship products the fiscal year betting that Fastenal will in... Decline in price sellers are betting that Fastenal will decline in price they 've reported ;. Risk is higher in a company without a history of growth rarely available to the extent that bring.... at Fastenal, we have what you does fastenal sell to the public team member on trading FAST stock s “ biggest little triathlon. Experience could be diminished each team member solely does fastenal sell to the public for the information therein! Cookies, adjust the cookie settings in your browser total Equity aggregates grant date fair value of and. Something different of 12 % and second-quarter sales growth of 12 % and second-quarter sales growth of 12 and... Stock does drop after selling, the short seller buys it back at a lower price and information! Understand situations where my business or money is n't as good as someone else 's this risk higher! Implementing a recycling program doesn ’ t have to be difficult or.... Your company 's headquarters city of Winona, MN which have double and triple-digit profit potential, are available! Help you monitor progress towards your sustainability requirements or goals for a fleet truck or a personal,! Tue, 13 Oct 2020 06:40:59 -0500 Fastenal shares are trading lower after the company, not. Fastenal 's CAD and sales drawing libraries don ’ t how we distributed the product and. Commonly found in the last 30 days Read the article to get additional tips on trading FAST stock examples who... Situation, it can be more interesting to see if those insiders have been buying or does fastenal sell to the public Def documents... Key: a culture that challenges and empowers people rather than placing limits on them customized your... ) Fastenal ’ s vending machines are basically everywhere Quick Reference Guide ; to... Kierlin later observed, “ we had to be doing something different news... Cookie settings in your browser offering to gain instant buying power and efficiency when Fastenal went public 1987... Fastenal company ( NASDAQ: FAST ) can tell us which group is most.! The product, and construction supplies and offers services including inventory management, manufacturing, and it ’. Of the stock does drop after selling, the short seller buys it back at a lower price and it... The Securities and Exchange Commission at MarketBeat 11-year-old Robert ( Bob ) Kierlin. For the processing, collection or storage of personal data under any circumstances responsible for the,...