Fastenal Company (Nasdaq: FAST), Winona, MN, reported sales for March of $308.8 million, an increase of 11.6 percent from the previous year. Daily sales increased 11.6 percent to an average of $14.7 million.
During the month, sales to manufacturing customers grew 11.4 percent, while sales to nonresidential construction customers grew 7.6 percent.
Six new stores opened in the month and employee headcount increased 16 percent year-over-year to 17,788.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
