Fastenal said net sales for Q4 2023 rose 3.7% to $1,758.6 million, net earnings rose 8.5% to $266.4 million, and diluted earnings per share were $0.46.

1. 01

   Fastenal said net sales for Q4 2023 rose 3.7% to $1,758.6 million, net earnings rose 8.5% to $266.4 million, and diluted earnings per share were $0.46.

2. 02

   The company said its gross margin for Q4 2023 was 45.5%, up from 45.3% a year earlier, and its operating margin was 20.1%, up from 19.6% a year earlier. It said operating income was $353.9 million.

3. 03

   Fastenal said operating cash flow for 2023 was $1,432.7 million, up 52.3% from 2022. It returned $417.3 million to shareholders through dividends in Q4 2023, and it said it paid a regular dividend of $0.35 per share and a special dividend of $0.38 per share.

4. 04

   The company set an Onsite signings goal of 375 to 400 for 2024. It said its net capital investment in property and equipment, net of proceeds from sales, would be in a range of $225.0 to $245.0, and that the same item was $160.6 in 2023.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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