NasdaqGS:FASTTrade Distributors
Fastenal Highlights Digital And Large Customers As Valuation And Risks Weighed
Fastenal (NasdaqGS:FAST) recently highlighted a growing focus on large, contract-style customers and digital channels during its latest quarterly update.
Nearly half of Q4 sales were tied to digital solutions, including e-commerce and inventory management programs, pointing to deeper integration with customers.
Management framed these shifts as part of a longer term change in how the company serves industrial clients facing a slower demand backdrop.
Fastenal, trading at $43.62, sits at the...