Fastenal Generates Over $2 Billion in Quarterly Revenue for the First Time, Stock Hits all-Time High!

Fastenal (NASDAQ: FAST) published fresh numbers before the market opened on July 14, 2025. In Q2/2025, the fastener specialist increased its sales by 8.6% year-over-year to $2.08 billion. This was the first quarter in which the company broke the magical sales threshold of $2 billion. The Daily Sales Rate (DSR) also rose by 8.6% to $32.5 million. The gross margin was slightly above the previous year's figure at 45.3%, compared to 45.1%. Operating income also rose significantly by 12.7% to $436.1 million. Net income increased by 12.8% to $330.3...