Fastenal Sales Growth Slows to 3.7% in July
The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
Fastenal Sales Growth Slows to 3.7% in July Read More »
The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
Fastenal Sales Growth Slows to 3.7% in July Read More »
Total year-over-year sales growth of 5.9% was a sharp slowdown compared to 1Q, as daily sales slowed in each month during the quarter.
Fastenal 2Q Sales & Margins Decelerate Amid Softer Demand Read More »
It was the distributor's weakest daily sales growth month since June 2021.
Fastenal Daily Sales Slow as Fasteners Turn Negative in May Read More »
The company's year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
Fastenal April Daily Sales Up Despite Weak Nonres Construction Read More »
The distributor said pricing's impact on 1Q sales was roughly half what it was in 2022's third quarter.
Fastenal’s 1Q Sales Growth Slowed as Pricing Impact Weakened Read More »
Noelle J. Oas will oversee benefits, insurance, payroll, diversity and compliance, and the Fastenal School of Business.
Fastenal Appoints New Human Resources Leader Read More »
It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
Fastenal Sees 9.6% Daily Sales Growth in February Read More »
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
Top Distributors Point to Strong Demand as Forecasted Downturn Pushes Out Read More »
Fastenal bounced back after a December that saw slower sales growth.
Fastenal’s Sales Rebounded in January Read More »
Though solid, sales and profit growth were considerably smaller than the previous several quarters.
Fastenal’s Growth Decelerated in 4Q as Non-U.S. Sales Hit $1B Read More »
The report includes information on the Winona, Minnesota-based distributor's continued efforts to improve workplace safety ratings.
Fastenal Publishes Inaugural ESG Report Read More »
We continue our year-end retrospective series with a look back at MDM's top Premium content of 2022.
MDM’s Top Premium Content of 2022: Supply Chain Updates Lead the Way Read More »
MDM takes a look back at its top free articles from 2022, including a mix of staff-written and contributed content.
MDM’s Top Free Articles of 2022: eCommerce, Labor Shortages Dominate Headlines Read More »
Fastenal's daily sales growth this past month was slower than October but still outpaced Baird's projected output.
Fastenal Posts Slower, but Solid November Sales Growth Read More »
Fastenal’s eCommerce sales represent 17.4% of total company year-to-date sales, the company announced.
Fastenal Hits $1B in eCommerce Revenue for First Time Read More »
Despite waning growth in non-residential construction markets, total daily sales growth essentially matched September’s.
Fastenal’s October Daily Sales Hold Strong on Manufacturing Demand Read More »
Mike Hockett analyzes the noticeably different levels of optimism in the commentary given by industrial distributors Fastenal and Motion in their third-quarter earnings calls.
Fastenal, Motion Voice Different Tones for 2023 Market Outlook Read More »
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
Fastenal Posts Solid, but Slower, Gains in 3Q Read More »
Continued strong sales growth means the third quarter will likely be another windfall fiscal period for most industrial distributors.
Fastenal’s Sales Remain Robust Despite Construction Slowdown Read More »
A month-to-month acceleration in daily sales bodes well for fellow industrial distributors large and small.
Fastenal’s July Indicates Strong Start to Q3 for Industrial Suppliers Read More »