Need Help? (888) 742-5060

In The News:

Fastenal’s Q1 Sales Up 13%

Fastenal Co. (Nasdaq: FAST), Winona, MN, reported first-quarter sales of $1.19 billion, a 13.2 percent increase over the same period a year ago. Earnings for the quarter rose 29.9 percent to $174.3 million.

The company’s vending devices business continues to fuel growth. Fastenal signed nearly 6,000 industrial vending devices in the first quarter, a 4.5 percent increase compared to the first quarter of 2017, and its installed device count climbed to 73,561 as of March 31, a 14.2 percent increase compared to a year earlier. Sales through vending devices continued to grow at a double-digit pace.


© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center