Fastenal October Sales Increase 19.2% - Modern Distribution Management

Fastenal October Sales Increase 19.2%

Sales to manufacturing customers improve 15.7 percent.

Fastenal Co. (Nasdaq: FAST), Winona, MN, reported sales for October of $399.7 million, a 19.2 percent increase year-over-year. Daily sales increased 13.8 percent to an average of $18.2 million.

During the month, sales to manufacturing customers improved 15.7 percent, while sales to nonresidential construction customers increased 6 percent.

Store count was 2,420, down from 2,548 a year ago. Employee headcount increased 3.5 percent year-over-year to 20,550.

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