Safety product sales boost Fastenal's July results
Sales of safety products continue to bolster results at Fastenal, as the company reported a 2.6 percent sales gain in July compared to last year.
The Winona, Minnesota-based distributor had sales of $469.5 million for the month, compared to $457.5 million in July 2019. Sales of safety products increased by 38 percent compared to last July.
Daily sales of $21.3 million improved from $20.8 million last year.
Sales to manufacturing customers were down by 5.5 percent for the month, while sales to non-residential construction customers fell by 9.6 percent.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
