The 2020 Mid-Year Economic Update_long

Fastenal January Sales Increase 17.4%

Sales to manufacturing customers improve 13.3 percent.

Fastenal Co. (Nasdaq: FAST), Winona, MN, reported sales for January of $394.4 million, a 17.4 percent increase year-over-year. Daily sales increased 12 percent to an average of $17.9 million.

During the month, sales to manufacturing customers improved 13.3 percent, while sales to nonresidential construction customers increased 7.9 percent.

Employee headcount increased 6 percent year-over-year to 20,814.

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