The 2020 Mid-Year Economic Update_long

Fastenal January Sales Increase 6.9%

Sales to manufacturing customers grew 10.5 percent.

The Fastenal Company (Nasdaq: FAST), Winona, MN, reported sales for January of $313.5 million, a 6.9 percent increase over the same period a year ago. Daily sales increased 12 percent to an average of $14.9 million.

During the month, sales to manufacturing customers grew 10.5 percent, while sales to nonresidential construction customers grew 9.8 percent.

Store count was 2,637, compared to 2,687 a year ago. Employee headcount increased 5.4 percent year-over-year to 18,615.

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