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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InFastenal (FAST) reported its Q1 2026 financial results, with net sales reaching $2.20 billion and a 12.4% increase in daily sales. Diluted earnings per share (EPS) grew to $0.30 from $0.26 in the prior year, driven by robust customer acquisition and international expansion. The company generated a strong operating cash flow of $378.4 million and returned $295.7 million to shareholders through dividends and share repurchases. However, gross margins remained under pressure due to tariff-related costs and lagging pricing adjustments. Meanwhile, Avnet (AVT) has scheduled its third-quarter earnings release for April 29, 2026. Investors continue to monitor how industrial distributors navigate supply chain challenges and evolving trade policies.