Fastenal’s August Sales Increase 14.2% - Modern Distribution Management

Fastenal’s August Sales Increase 14.2%

For August, Fastenal reported daily sales of $24.1 million, which was a 9% increase versus a year ago, while fastener sales increased 18.9%.
Fastenal

On Tuesday, Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported August sales of $531 million, up 14.2% from the same month a year ago. The company reported daily sales of $24.1 million, which was a 9% increase versus a year ago.

By region, U.S. sales increased 7.2% while Canada/Mexico sales improved by 18.2 % and “rest of world” by 24.2%.

By end market, manufacturing sales increased 19.7% while non-residential construction sales increased 10.1%, the company announced

By category, safety sales fell 3.8% while fastener sales increased 18.9% and “other” improved 8.5%.

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