Posted May 6, 2024

Fastenal net sales rise 10.8% in April YOY

Fastenal reported April net sales of $6.5 million, an increase of 10.8% from April 2023.

Canada/Mexico accounted for its greatest saily sales growtth by geography at 5.7%, followed by Rest of World at 3.2%; U.S. daily sales were flat. 

Heavy and other manufacturing grew slightly at 1.9% and 2.2% respecitvely, which non-residential construction dipped 5.6%.

Safety remained the company's leader in daily sales growth by product line at 5.1%.