Fastenal Company (NASDAQ:FAST) Q1 2024 Earnings Call Transcript

Dan Florness: Thank you again for joining us on the call today. We’ll be having our annual meeting here in a couple of weeks. It’s on a Thursday. I believe it’s the 25th, but it’s a Thursday, and I don’t have calendar in front of me. And I’d like to share a trip I did last week, got the opportunity to go out and visit our folks at Holo-Krome out in Connecticut. And Holo-Krome is as an organization we acquired back in 2009, it was in the process of being shut down and that production moving offshore, and we did want to see the loss of a domestic manufacturer of their quality and their status in the United States, so we’ve acquired it. I was pleased to have the opportunity to go out there and celebrate tenure. There were five individuals, and this is a business with 100-and-some employees.

But there were five individuals out there who celebrated 40-plus years with Fastenal. We went up to celebrate that. All told, there were 20-plus people in that organization with more than 25 years of experience, a combination of, obviously, Holo-Krome and Holo-Krome being a partner to joining the Fastenal organization back in 2009, great trip, great people. We keep finding people like that, we’ll be successful in this market for years to come. Thanks, everybody. Have a great day.

Holden Lewis: Thank you.

Operator: Thank you. That does conclude today’s teleconference webcast. You may disconnect your lines at this time, and have a wonderful day. We thank you for your participation today.