Fastenal April Sales Increase 3.7%

Average daily sales grew 8.9 percent.

Fastenal Co. (Nasdaq: FAST), Winona, MN, reported sales for April of $343.8 million, a 3.7 percent year-over-year increase. Daily sales increased 8.9 percent to an average of $17.2 million.

During the month, sales to manufacturing customers increased 7.1 percent, while sales to nonresidential construction customers increased 6.6 percent.

Store count was 2,482, compared to 2,630 a year ago. Two new stores were opened during the quarter. Total employee headcount fell 2.6 percent year-over-year to 19,883. The total headcount includes the addition of 125 employees from the acquisition of Mansco.

About the Author
Recommended Reading
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.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 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


articles left

Want more Premium content from MDM?

Subscribe today and get:

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



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
  • 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.