The 2020 Mid-Year Economic Update_long

Fastenal July Sales Up 14.7%

Daily sales increase 14.7 percent.

The Fastenal Company (Nasdaq: FAST), Winona, MN, reported sales for July of $323.7 million, an increase of 14.7 percent year-over-year. Daily sales increased 14.7 percent to an average of $14.7 million.

During the month, sales to manufacturing customers grew 14.5 percent, while sales to nonresidential construction customers grew 11.6 percent.

No new stores opened in the month, but employee headcount increased 13.2 percent year-over-year to 18,161.

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