1、Th is A n n ual Re port,i ncl uding the sections ca ption ed“Pres ide n ts Lett e rto Sh a re h olde r s,”“M a n a ge m e n tsD isc u ss ion and A n a l ys is ofFi n a ncial Condi tion and Res u l ts ofO pe ration s”a nd“St ocka nd Fi n a ncial Data,”con tains stat e m e n ts th at a re not h is t o
2、rical in natu re and th at a re intended to be,a nd are herebyide n ti fied as,“forwa rd-looking stat e m e n ts”as defi n ed in the Private Sec u ri ties Litigation Reform Acto f 1995(the“Reform Act”),i ncl uding stat e m e n ts rega rding inc reases in fas t e n e r p rices due to i m p rove m e n
3、 ts in the Asian econom ies,fore ign ope ration s,t ech nology conve r s ion s,n ew p roducti n troduction and develop m e n t,ca p i tal expe ndi tu res and divide nds.A disc u ss ion of ce rtain risks andu nce rta i n ties th at co u ld ca u se actual res u l ts to di ffe r mat e ri a ll y from th
4、 ose predict ed in such forwa rd-looking stat e m e n ts is incl uded in the section of th is A n n ual Re port ca ption ed“M a n a ge m e n ts Disc u ss ion and A n a l ys is ofFi n a ncial Condi tion and Res u l ts ofO pe ration s.”The Com pa nyass u m es no obl igation to update eith e r s uch fo
5、rwa rd-looking stat e m e n ts or the disc u ss ion of s uch risks and unce rta i n ties.Fastenal Com pa nywas fo u nded in 1967.Aso fD ece m be r3 1,1999,the Com pa nyope rat ed 809 store sites locat ed in 48 s tat es,Pue rto Rico and Canada and employed3,670people atth ese sites.In addi tion,th e
6、re we re1,823people employed in va rious supportpos i tion s.The Com pa nysells approxi mat el y162,000di ffe re n ttypes ofi ndu s trial and con s truction suppl ies in nine productcat egories.Th ese incl ude approxi mat el y66,000di ffe re n ttypes ofth rea ded fasteners and suppl ies;a p p roxi m