Posted August 4, 2017

Fastenal posts strong July

Fastenal posted sales of $349.9 million July, a 12.9 percent gain from $309.9 in July 2016.

Daily sales of $17.5 million compared to $15.5 million in July of last year. 

Sales to manufacturing customers increased by 14.3 percent during the month, while sales to non-residential construction customers by 6.6 percent.

Fastener product sales grew by 11.3 percent in July, while sales of all other products increased by 14.1 percent.

The Winona, Minnesota-based distributor opened two new branches in July, lifting the total for the year to 12 new openings.