Fastenal Co (NAS:FAST)

$ 66.31 -0.35 (-0.53%) Market Cap: 37.97 Bil Enterprise Value: 38.21 Bil PE Ratio: 32.83 PB Ratio: 11.07 GF Score: 98/100

Fastenal Co Annual Shareholders Meeting Transcript

Apr 25, 2020 / 03:00PM GMT

Transcript

Willard D. Oberton

Fastenal Company - Independent Chairman of the Board

My name is Will Oberton. And I would like to welcome you to the 32nd Annual Meeting of the Shareholders of the Fastenal Company. As a long-held tradition, we would like to start the meeting with an invocation. For that, I would like to introduce Pastor Mark Dumke of the Faith Lutheran Church here in Winona, Minnesota.

Mark Dumke

Hello, shareholders and friends. It's good to be with you once again to offer the invocation for today's meetings. Today's challenges remind me of a time long ago when God's people sheltered in place in a far country waiting a return to Jerusalem, their home. When they would tire of sheltering, God spoke words of promise and hope. I would like to read from Isaiah Chapter 40. The words may be familiar to many of you as they are the basis of the well-known hymn, On Eagle's Wings.

Those who wait for the Lord will renew their strength. They will soar on wings like eagles. They will run and not grow weary. They will walk and not be faint. I invite you to pause for a

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