Fastenal November sales up 4.1%
Fastenal reported sales of $298.2 million for November, a 4.1 percent increase from $286.3 million in November 2014.
Daily sales fell by 1.1 percent to $14.9 million compared to $15.1 million last year. November had 20 business days this year compared to 19 in 2014.
Sales to manufacturing customers fell by 1.6 percent for the month, while sales to non-residential construction customers declined by 5.1 percent.
Employment for the Winona, Minn.-based distributor increased by 12.2 percent to 20,784, which includes an additional 171 full time employees resulting from the acquisition of Fasteners Inc.
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.
