Overview

* Fastenal Q3 2025 net sales grew 11.7%, in-line with analyst expectations

* Gross profit margin improved due to supplier initiatives and product availability

Outlook

* Company did not provide specific guidance for future quarters or full year in its press release

Result Drivers

* CUSTOMER CONTRACTS - Improved customer contract signings since Q1 2024 contributed to sales growth in Q3 2025

* FASTENER PERFORMANCE - Fastener product line outperformed due to better product availability and pricing actions

* CUSTOMER SITE GROWTH - Increase in customer sites spending $10k+ per month drove unit sales growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Meet $2.13 $2.12

bln bln (12

Analysts

)

Q3 EPS $0.29

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 11 "hold" and 3 "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

* Wall Street's median 12-month price target for Fastenal Co ( FAST ) is $45.00, about 1.7% below its October 10 closing price of $45.78

* The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 37 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)