Fastenal’s Growth Decelerated in 4Q as Non-U.S. Sales Hit $1B
Though solid, sales and profit growth were considerably smaller than the previous several quarters.
Fastenal’s Growth Decelerated in 4Q as Non-U.S. Sales Hit $1B Read More »
Fastenal
Fastenal Publishes Inaugural ESG Report
The report includes information on the Winona, Minnesota-based distributor’s continued efforts to improve workplace safety ratings.
Fastenal Publishes Inaugural ESG Report Read More »
MDM’s Top Premium Content of 2022: Supply Chain Updates Lead the Way
We continue our year-end retrospective series with a look back at MDM’s top Premium content of 2022.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
MDM’s Top Premium Content of 2022: Supply Chain Updates Lead the Way Read More »
MDM’s Top Free Articles of 2022: eCommerce, Labor Shortages Dominate Headlines
MDM takes a look back at its top free articles from 2022, including a mix of staff-written and contributed content.
MDM’s Top Free Articles of 2022: eCommerce, Labor Shortages Dominate Headlines Read More »
Fastenal Posts Slower, but Solid November Sales Growth
Fastenal’s daily sales growth this past month was slower than October but still outpaced Baird’s projected output.
Fastenal Posts Slower, but Solid November Sales Growth Read More »
Fastenal Hits $1B in eCommerce Revenue for First Time
Fastenal’s eCommerce sales represent 17.4% of total company year-to-date sales, the company announced.
Fastenal Hits $1B in eCommerce Revenue for First Time Read More »
Fastenal’s October Daily Sales Hold Strong on Manufacturing Demand
Despite waning growth in non-residential construction markets, total daily sales growth essentially matched September’s.
Fastenal’s October Daily Sales Hold Strong on Manufacturing Demand Read More »
Fastenal, Motion Voice Different Tones for 2023 Market Outlook
Mike Hockett analyzes the noticeably different levels of optimism in the commentary given by industrial distributors Fastenal and Motion in their third-quarter earnings calls.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Fastenal, Motion Voice Different Tones for 2023 Market Outlook Read More »
Fastenal Posts Solid, but Slower, Gains in 3Q
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
Fastenal Posts Solid, but Slower, Gains in 3Q Read More »
Fastenal’s Sales Remain Robust Despite Construction Slowdown
Continued strong sales growth means the third quarter will likely be another windfall fiscal period for most industrial distributors.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Fastenal’s Sales Remain Robust Despite Construction Slowdown Read More »
Fastenal’s July Indicates Strong Start to Q3 for Industrial Suppliers
A month-to-month acceleration in daily sales bodes well for fellow industrial distributors large and small.
Fastenal’s July Indicates Strong Start to Q3 for Industrial Suppliers Read More »
Major Industrial Distributors Don’t Sound Too Concerned About a Downturn
Fastenal, MSC Industrial Supply, MRC Global and more have voiced considerable optimism despite numerous economic red flags.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Major Industrial Distributors Don’t Sound Too Concerned About a Downturn Read More »
Fastenal’s Strong Growth Continued in 2Q Despite Lesser Price Increases
The company said it saw benefits of carryover pricing impacts from 1Q, alongside continued strong underlying demand from industrial and construction customers.
Fastenal’s Strong Growth Continued in 2Q Despite Lesser Price Increases Read More »
Sales Strategies Top of Mind for 2Q Podcast Guests
During the second quarter of 2022, MDM podcast guests covered an array of topics that included sales transformation, transparent communication practices and shifting leadership roles in distribution.
Sales Strategies Top of Mind for 2Q Podcast Guests Read More »
MDM’s Top Stories from 2022’s 2Q
We look back at the blogs, articles and news items that attracted the most attention during the second quarter of 2022.
MDM’s Top Stories from 2022’s 2Q Read More »
Robust Earnings, Labor Commentary and NAHAD Lead Busy May
Despite impressive first-quarter sales and profit numbers for major distributors, stakeholders may still notice a hint of caution in the air as the calendar turns to summer. Download MDM’s May 2022 Premium Monthly issue to read more.
Robust Earnings, Labor Commentary and NAHAD Lead Busy May Read More »
Fastenal’s May Shows Modest Daily Sales Slowdown, Headcount Keeps Growing
While the pace of daily sales decelerated, overall sales remained robust as the company made further strides in hiring.
Fastenal’s May Shows Modest Daily Sales Slowdown, Headcount Keeps Growing Read More »
What Manufacturers Can Learn from Fastenal’s Go-to-Market Strategy
James Dorn details how Fastenal’s digital transformation story has kept it ahead of the curve of customer demands.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
What Manufacturers Can Learn from Fastenal’s Go-to-Market Strategy Read More »
Fastenal April Sales Increase 14.8%
For the month, the distributor reported net sales of $570.76 million, up from more than $497 million in April 2021.
Fastenal April Sales Increase 14.8% Read More »
Q&A: Here’s How Fastenal is Built to Handle Disruption
At the recent Fastenal Expo, we chatted with Senior Executive Vice President Terry Owen about the company’s supply chain capabilities, which allow it to handle whatever comes next.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Q&A: Here’s How Fastenal is Built to Handle Disruption Read More »
