Industrial supplies distributor Fastenal Q3 sales rise 11.7%
Fastenal reported an 11.7% increase in Q3 2025 net sales, aligning with analyst expectations. The gross profit margin improved due to supplier initiatives and product availability. Key growth drivers included improved customer contract signings, strong performance in the fastener product line, and increased spending from customer sites. The average analyst rating for Fastenal shares is "hold," with a median 12-month price target of $45.00, slightly below its recent closing price of $45.78.
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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
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Analysts
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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 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 Estimates.Support@lseg.com. 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.)
