Fastenal Co. (Nasdaq: FAST) of Winona, Minnesota, reported January net sales of approximately $540.5 million, a 20.7% increase over the same month in 2021.
The company’s daily sales were $25.7 million during 21 business days, a nearly 15% jump over January 2021.
Fastenal’s January 2022 daily sales growth jumped 14.9% in the U.S., 14.6% in Canada and Mexico, and 15.8% in the rest of the world.
For daily sales growth by end market, manufacturing grew 20.8% and nonresidential construction grew 12.9%.
For daily sales by product line, fasteners increased 20.9% and safety increased 12.9%.