Operations
Fastenal November Sales Rise
Winona, Minnesota-based Fastenal Co. reported last-month sales of more than $524 million, an 18.9% increase over the same month in 2020.
Winona, Minnesota-based Fastenal Co. reported last-month sales of more than $524 million, an 18.9% increase over the same month in 2020.
Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported November sales of more than $524 million, an 18.9% increase over figures from November 2020.
The company’s daily sales were $24.96 million, a 13.2% jump over last November.
Regionally, U.S. sales increased 12.8%, while sales in Canada and Mexico grew 14.1%.
By end market, manufacturing sales grew 22.6%, and non-residential construction increased 16.6%.
By category, safety sales grew 0.4%, while fastener sales increased 23.7%.
Fastenal ranks No. 6 on MDM’s Top Distributors list for industrial and construction distributors, with $5.6 billion in 2020 revenue. The company also ranks No. 3 for MRO industrial distributors and No. 4 for fluid power distributors.
