Fastenal sales dipped 1.6 percent in January
Fastenal reported sales in January of $308.35 million, a decline of 1.6 percent from the $313.47 million in January 2014.
With 20 business days for the month compared to 21 in January 2014, daily sales of $15.4 million were up by 3.3 percent from $14.9 million last year.
Fastener sales decreased by 0.4 percent for the month, while sales for all other products increased by 6.5 percent.
Employee headcount on Jan. 31 was 20,745, an 11.4 percent.
"We are currently holding back on headcount additions in all areas except for vending support (the non-store selling increase) and our IT development center (the administrative increase)," the company said in its monthly sales update.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
