8-K/AOther Events

FASTENAL CO 8-K/A Report (Oct 31, 2003)

Filed October 31, 2003For Securities:FAST

Summary

This 8-K/A filing by Fastenal Company (FAST) serves as an amendment to a previous report, specifically correcting operating statistics related to its Customer Service Project (CSP). The CSP involves the conversion of stores, and the company identified an error in previously released data concerning the third quarter of 2003 performance of stores converted in late 2002. Investors should note that this amendment provides updated and accurate figures, replacing the previously disclosed incorrect information. The core of the filing is the attached web release, which contains the corrected operating statistics for CSP-converted stores. This ensures that stakeholders have access to the most reliable data for evaluating the performance and impact of the CSP initiative.

Key Highlights

  • 1Amendment to a previous 8-K filing to correct information.
  • 2Focus on correcting operating statistics for the Customer Service Project (CSP).
  • 3Identified an error in Q3 2003 operating statistics for stores converted to CSP in Q4 2002.
  • 4New web release (Exhibit 99.1) provides corrected CSP converted store operating statistics.
  • 5This amendment ensures investors have accurate data regarding the CSP initiative.
  • 6Daniel L. Florness, Chief Financial Officer, signed the amended report.

Frequently Asked Questions

This filing is an amendment to a previous 8-K report to correct previously issued operating statistics related to Fastenal's Customer Service Project (CSP). The company discovered an error in the data and is providing updated, accurate information.

The Customer Service Project (CSP) is a store conversion initiative that Fastenal began in 2002. This filing specifically addresses operating statistics from stores that were converted as part of this project.

The corrected information pertains to the operating statistics for existing stores that were converted to the CSP format in the fourth quarter of 2002, specifically for the third quarter of 2003. The original data released on October 17, 2003, was found to be incorrect.

The corrected operating statistics are provided in a web release dated October 17, 2003 (amended October 30, 2003), which is included as Exhibit 99.1 to this amended 8-K filing. This web release will also be posted on the company's website.