-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IRiBHuxi1eFn6sdYXNchHNq+JDKS215mTMGv1wL1/f3uC31AlGY4y8lWuXAXWM1Z 5UBO1f/fL5P8uPbSLyKsbw== 0001193125-08-205234.txt : 20081002 0001193125-08-205234.hdr.sgml : 20081002 20081002153017 ACCESSION NUMBER: 0001193125-08-205234 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081002 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081002 DATE AS OF CHANGE: 20081002 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FASTENAL CO CENTRAL INDEX KEY: 0000815556 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200] IRS NUMBER: 410948415 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16125 FILM NUMBER: 081103234 BUSINESS ADDRESS: STREET 1: 2001 THEURER BLVD CITY: WINONA STATE: MN ZIP: 55987 BUSINESS PHONE: 5074545374 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 2, 2008

 

 

FASTENAL COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

Minnesota   0-16125   41-0948415

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

2001 Theurer Boulevard

Winona, Minnesota

  55987-1500
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (507) 454-5374

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 7.01. Regulation FD Disclosure.

On October 2, 2008, Fastenal Company (the “Company”) issued a press release with comments on September 2008 trends. A copy of that press release is attached as an exhibit to this report and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

The following is furnished herewith:

 

  (c) Exhibits

99.1 Press release of Fastenal Company dated October 2, 2008


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 2, 2008

 

FASTENAL COMPANY
By:  

/s/ Daniel L. Florness

  Daniel L. Florness
  Chief Financial Officer


INDEX TO EXHIBITS

 

99.1    Press release of Fastenal Company dated October 2, 2008    Electronically Filed
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

RELEASE DATE: October 2, 2008

FASTENAL COMPANY RELEASES COMMENTS ON SEPTEMBER 2008 TRENDS

The Fastenal Company of Winona, MN (NASDAQ Symbol FAST) released comments on September 2008 trends.

We plan to release our third quarter earnings on Monday, October 13, 2008. We typically remain silent on information about the final month of the quarter until the earnings release; however, given the sharp drop in share price experienced by a number of industrial stocks on Wednesday, October 1st, and given the unexpected drop in the ISM index1 as reported on Wednesday, October 1st we decided to release some commentary on trends for our shareholders.

Commentary:

 

  (1) Our sales growth from September 2007 to September 2008 was approximately 26.4%. There were 19 business days in September 2007 and 21 business days in September 2008. Adjusting for the two extra business days in 2008, our daily sales growth from September 2007 to September 2008 was approximately 14.3%. This daily sales growth was above our internal expectation for the month.

 

  (2) We have felt the impact of a weakened economic environment in North America over much of 2007 and 2008. Our trends in September 2008 remained consistent with trends earlier in the third quarter and earlier in the year.

 

 

(3)

We were surprised by the reported ISM index1 of 43.5 for September versus the 50.0 and 49.9 reported after July and August, respectively. It is inconsistent with our results in September.

As indicated above, it is not our practice to release piecemeal financial information at quarter end. However, given the sharp movement in our stock price, we felt a need to share some preliminary trend information with our long-term shareholder base.

 

1ISM index – index published by the Institute for Supply Management (http://www.ism.ws/)

ADDITIONAL INFORMATION:

Additional information regarding certain Fastenal Company statistics for the current quarter is available on the Fastenal Company World Wide Web site at www.fastenal.com. The Company discloses sales and store information on a monthly basis. This information is posted at www.fastenal.com on the third business day following the end of the first two months of a quarter and is typically posted simultaneous with the earnings release following the third month of a quarter. A discussion of other risks and uncertainties is included in the Company’s 2007 annual report on Form 10-K under the section captioned “Risk Factors” and the Company’s 2007 annual report to shareholders under the section captioned “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. FAST-S

 

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