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FAST — Fastenal News Story

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Brief: Fastenal Company Expects Elevated IT Spending For 2026

BRIEF-Fastenal Company Expects Elevated IT Spending For 2026

- Fastenal Company FAST.O:

  • FASTENAL COMPANY: FOR 2026, WE CONTINUE TO EXPECT INVESTMENT IN PROPERTY & EQUIPMENT, NET OF PROCEEDS FROM SALES, TO BE BETWEEN $310 MILLION-$330 MILLION

  • FASTENAL COMPANY: EXPECT ELEVATED IT SPENDING AS PROJECTS THAT WERE EXPECTED IN 2025 EXPERIENCED DELAYS AND ARE EXPECTED TO CONTINUE THROUGHOUT 2026

  • FASTENAL Q3 EPS USD 0.35 VERSUS. IBES ESTIMATE USD 0.34

  • FASTENAL Q3 SALES USD 2,463.3 MILLION VERSUS. IBES ESTIMATE USD 2,444 MILLION

  • FASTENAL COMPANY: EXPECT INCREASED TRUCKING SPEND

Source text: [ID:]

Further company coverage: FAST.O


((Reuters.Briefs@thomsonreuters.com;))

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