Fastenal July 2024 Sales Up 10.5%

Fastenal (Nasdaq: FAST), Winona, Minn., reported July 2024 sales were $633 million, up 10.5% from the prior-year period. Daily sales were up 0.5%. 

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Daily sales by geography in July: 

  • United States: Up 0.1% 
  • Canada/Mexico: Up 2.8% 
  • Rest of World: Up 0.3% 

Daily sales by end-market: 

  • Heavy manufacturing: Down 1% 
  • Other manufacturing: Up 4.5% 
  • Nonresidential construction: Down 4.6% 
  • Reseller: Down 14.9% 
  • Other end-markets: Up 5.4% 

Daily sales growth by product line: 

  • Fasteners: Down 6.3% 
  • Safety: Up 7.5% 
  • Other: Up 1.6% 

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