Fastenal November Sales Rise - Modern Distribution Management

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Fastenal November Sales Rise

Winona, Minnesota-based Fastenal Co. reported last-month sales of more than $524 million, an 18.9% increase over the same month in 2020.
Fastenal November 2021 sales

Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported November sales of more than $524 million, an 18.9% increase over figures from November 2020.

The company’s daily sales were $24.96 million, a 13.2% jump over last November.

Regionally, U.S. sales increased 12.8%, while sales in Canada and Mexico grew 14.1%.

By end market, manufacturing sales grew 22.6%, and non-residential construction increased 16.6%.

By category, safety sales grew 0.4%, while fastener sales increased 23.7%.

Fastenal ranks No. 6 on MDM’s Top Distributors list for industrial and construction distributors, with $5.6 billion in 2020 revenue. The company also ranks No. 3 for MRO industrial distributors and No. 4 for fluid power distributors.

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