Fastenal’s Q2 earnings smashed expectations with double-digit daily sales growth, expanding margins, and a decade-high return on invested capital—proof their strategy is working. Digital sales now exceed 61% of total revenue and are set to climb, fueled by stronger relationships with big customers and disciplined cost management. Daniel Florness, the company’s long-serving CEO, wraps up his tenure with a legacy of candor and resilience, as Fastenal gears up for even bigger momentum in the second half of the year.
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