$FAST posted solid Q4 results, beating expectations on both revenue and earnings as demand for industrial supplies held up better than feared. Strong cost control and disciplined execution helped margins, while cash flow remained healthy enough to support dividends and buybacks. Management pointed to gradual improvement in manufacturing and construction demand, even with macro headwinds still around. Looks like steady, quiet strength rather than hype, but is this resilience signaling a broader industrial recovery, or was the good news already priced in?