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Large distributors have voiced considerable optimism amid all the economic concern. Do smaller firms feel the same way?
Search Results for: Fastenal – Page 3
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Fastenal, MSC Industrial Supply, MRC Global and more have voiced considerable optimism despite numerous economic red flags.
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Mike Marks and Tom Gale explore the impact of recent landmark acquisitions and how the mission of strategic deals runs counter to that of private equity.
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The company said it saw benefits of carryover pricing impacts from 1Q, alongside continued strong underlying demand from industrial and construction customers.
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During the second quarter of 2022, MDM podcast guests covered an array of topics that included sales transformation, transparent communication practices and shifting leadership roles in distribution.
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Economic indicators suggest the pace of growth may be slowing across distribution sectors. Download MDM's June 2022 issue of Premium Monthly to read more.
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We look back at the blogs, articles and news items that attracted the most attention during the second quarter of 2022.
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Despite impressive first-quarter sales and profit numbers for major distributors, stakeholders may still notice a hint of caution in the air as the calendar turns to summer. Download MDM's May 2022 Premium Monthly issue to read more.
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While the pace of daily sales decelerated, overall sales remained robust as the company made further strides in hiring.
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James Dorn details how Fastenal's digital transformation story has kept it ahead of the curve of customer demands.
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MDM Executive Editor Mike Hockett and CEO Tom Gale are set to attend NAHAD's 2022 Convention May 14-18 in Miami Beach. Here's a rundown of what we expect to see there.
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For the month, the distributor reported net sales of $570.76 million, up from more than $497 million in April 2021.
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At the recent Fastenal Expo, we chatted with Senior Executive Vice President Terry Owen about the company's supply chain capabilities, which allow it to handle whatever comes next.
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Evidence suggests April was another strong month for distributors despite lingering supply chain headaches. MDM looks back at the month, as outlined in the latest issue of Premium Monthly (now available for download).
Fastenal CEO Dan Florness and MDM Editor Mike Hockett chat from the company’s recent Fastenal Expo about the company’s considerable digital growth and how it’s continued to find ways to become closer with its customers. We also touch on...
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Amid digital expansion, many distributors grew apart from customers during the pandemic. Fastenal did the opposite. In a new MDM Podcast, Mike Hockett and Dan Florness discuss how the company continues to grow closer to its customers.
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MDM Executive Editor Mike Hockett recaps what he saw and learned at Fastenal Expo 2022, the distributor's first in-person company showcase in three years.
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Fastenal's 1Q growth considerably outpaced that of a year earlier and the last "pre-COVID" quarter of 1Q 2020. Digital is the biggest driver. We examine the numbers here.
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The distributor says 2022 first-quarter net sales were $1,704.1 million, up about $287 million over the same period in 2021.
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