Fastenal Co. (Nasdaq: FAST) of Winona, Minnesota reported April net sales of $570.76 million, a 14.8% increase over the same month a year ago.
Daily sales for April 2022 were more than $27 million, a 20.3% jump over April of last year.
READ MORE: Q&A: Here’s How Fastenal is Built to Handle Disruption
Daily sales growth in the U.S. last month was 21.1%, while daily sales growth in Canada and Mexico were 19.7%, Fastenal said.
Daily manufacturing sales grew by 25.7%, down from 30.8% in April 2021. Daily nonresidential construction sales grew at 13.4% last month, besting the April 2021 figure of 11.9%.
For daily sales growth by product line, fasteners grew 25.5% and safety grew 13.4%.
NEW MDM PODCAST: From its Expo, We Go Inside Fastenal with Dan Florness
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