Posted August 6, 2020

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.

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