The 2020 Mid-Year Economic Update_long

Fastenal March Sales Up 11.6%

Sales to manufacturing customers up 11.4%.

Fastenal Company (Nasdaq: FAST), Winona, MN, reported sales for March of $308.8 million, an increase of 11.6 percent from the previous year. Daily sales increased 11.6 percent to an average of $14.7 million.

During the month, sales to manufacturing customers grew 11.4 percent, while sales to nonresidential construction customers grew 7.6 percent.

Six new stores opened in the month and employee headcount increased 16 percent year-over-year to 17,788.

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