The 2020 Mid-Year Economic Update_long

Fastenal’s April Sales Increase 1.2%

Fastenal reported daily sales for the month also were up 1.2%, but safety sales dropped by 40.9% compared to a year ago.
Fastenal August blog

Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported April sales of $497.1 million, which was up 1.2% from the same month a year ago. Daily sales last month were $22.5 million, which was also an increase of 1.2 from the prior year.

By region, U.S. sales dipped by 4.3%, Canada/Mexico sales were up 50.1% and “rest of world” sales grew 26.7%. By end market, manufacturing sales increased 30.8% while non-residential construction sales were up 11.9%, the company said. Safety sales dropped by 40.9% in April while fasteners increased by 33.3% and “other” improved 16%.

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.