Fastenal’s Sales Up 3.7% in 1Q
March sales increased 12.4% over the same month a year ago as the company saw fastener sales continue to rebound, growing 14% in the month.
Fastenal’s Sales Up 3.7% in 1Q Read More »
Fastenal
Fastenal’s February Sales Increase 1.5%
Fastenal’s reported daily sales for the month also were up 1.5% versus a year as its sales mix continues to return to normal.
Fastenal’s February Sales Increase 1.5% Read More »
Fastenal’s January Sales Decline 3.2%
Fastenal’s reported daily sales for the month were down 9.1% versus a year due to softness in fastener sales and the non-residential construction end market.
Fastenal’s January Sales Decline 3.2% Read More »
Fastenal Execs Shed Light on ‘Evolving’ Branch Model
On January’s fourth-quarter earnings call, Fastenal CEO Dan Florness and CFO Holden Lewis pulled back the curtain on how they view the company’s diminishing role of physical branches.
Fastenal Execs Shed Light on ‘Evolving’ Branch Model Read More »
Fastenal’s Sales Up 6.4% in 4Q
For the full year of 2020, Fastenal’s sales increased 5.9% over the previous year driven by nine strong months of safety and PPE sales to offset softer fastener business.
Fastenal’s Sales Up 6.4% in 4Q Read More »
Fastenal’s November Sales Improve 6.8%
Fastenal’s reported daily sales for the month were also up 6.8% versus a year ago — again based on strength in safety (35.9% growth) and despite a 1.7% dip in fastener sales.
Fastenal’s November Sales Improve 6.8% Read More »
Fastenal’s October Sales Down 0.4%
Despite the dip in overall sales for Fastenal, the company reported daily sales were up 4.1% versus a year ago based on strength in safety (32% growth).
Fastenal’s October Sales Down 0.4% Read More »
Big Business Moves: MDM’s Top Blogs of October
Strategic activity from leading distributors like Ferguson, Grainger and Fastenal led to the most-read blogs of October 2020.
Big Business Moves: MDM’s Top Blogs of October Read More »
Why Fastenal is ‘Optimally Positioned’ to Take Share
Despite just 2.5% sales growth in the third quarter, Fastenal is poised to take market share in industrial distribution, according to one analyst. See what the distributor has working in its favor.
Why Fastenal is ‘Optimally Positioned’ to Take Share Read More »
Fastenal’s Sales Up 2.5% in 3Q
September sales increased 7.3% over the same month a year ago as the company's safety and PPE sales continued to bolster company during pandemic, although they moderated.
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‘Stable Fastener Sales’ in August Bodes Well for Fastenal
Industrial distributor Fastenal saw its sales mix continue to return to normal in August, and the company again reduced its total workforce, this time by 7.5%, which is part of a larger industry trend toward omnichannel selling.
‘Stable Fastener Sales’ in August Bodes Well for Fastenal Read More »
Fastenal’s August Sales Down 2.2%
Despite the dip in overall sales for Fastenal, the company reported daily sales were up 2.5% versus a year ago based on strength in safety (35.1% growth).
Fastenal’s August Sales Down 2.2% Read More »
Fastenal’s July Sales Up 2.6%
The company reported daily sales also up 2.6% versus a year ago based on strength in safety (38% growth).
Fastenal’s July Sales Up 2.6% Read More »
Can Fastenal Build Relationships with New Transactional Customers?
After seeing a surge in non-traditional business during the pandemic, the Winona, Minnesota-based distributor is looking to create long-term relationships with these newfound customers as normal buying patterns resume.
Can Fastenal Build Relationships with New Transactional Customers? Read More »
Fastenal’s Sales Up 10.3% in 2Q
June sales increased 20.4% over the same month a year ago as the company's safety and PPE sales continued to bolster company during pandemic.
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