Operations
Fastenal February Sales Rise 21.3%
The company reported nearly $531 million in net sales last month, compared to $437.7 million in February 2021.
Fastenal Co. (Nasdaq: FAST) of Winona, Minnesota, reported February sales of approximately $530.9 million, a 21.3% increase over the same month in 2021.
The company reported daily sales of $26.5 million for the month, an increase over the $21.8 million reported for February 2022.
Fastenal’s daily sales growth increased 22% in the U.S., 20.6% in Canada and Mexico and 7.9% in the rest of the world.
Daily sales growth by end market increased 25.8% for manufacturing and 19.5% for nonresidential construction.
Daily sales growth by product line increased 28% for fasteners and 18.8% for safety.
