Fastenal November Sales Up 3.1% YOY - Modern Distribution Management

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Fastenal November Sales Up 3.1% YOY

Daily sales increased 8.2 percent versus 2012 levels.
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The Fastenal Co. of Winona, MN, (Nasdaq: FAST), No. 7 on MDM's list of top industrial distributors, reported sales for November of $261.3 million, an increase of 3.1 percent compared to November 2012.

Daily sales averaged $13.1 million, an increase of 8.2 percent versus last year.

During the month, sales to manufacturing customers grew 8.7 percent, and sales to non-residential construction customers grew 4.4 percent.

One new store opened in November, bringing the total store count to 2,689. Employee headcount increased 12.1 percent from November 2012 to 17,189.

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