Posted March 4, 2016

Fastenal posts February sales gain

Fastenal reported a 7.7 percent sales gain in February.

The Winona, Minn.-based distributor posted sales of $321.2 million, compared to $298.2 million in February 2015.

Daily sales of $15.3 million compared to sales of $14.9 million a year ago, an increase of 2.6 percent. Daily sales of fastener products fell by 0.5 percent during the month, but other sales increased by 4.8 percent.

The company opened 11 new stores in February, and now has a total store count of 2,633, four fewer than this same time last year.