Thoughts on Fastenal

Posted on 18 CommentsPosted in Investment Ideas & Company Research

Fastenal (FAST) reported earnings yesterday. I love reading Fastenal’s press releases. They are more like investor letters than they are press releases. I didn’t even see one “Adjusted EBITDA” reference in the entire release—which is written in layman’s terms more than corporate jargon. Management’s candidness and depth of discussion regarding the company’s operating results is a breath of fresh air. So I thought I’d jot down a few notes and put it into a post. This is not really an […]