Fastenal Company Expects Elevated IT Spending For 2026

By Reuters News

- 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

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk