Fastenal (Nasdaq: FAST), Winona, Minn., distributor of industrial and construction supplies, reported November 2024 sales were $590.8 million, down 1.5% from the prior-year period. Daily sales were up 3.4%.
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Daily sales by geography in November:
- United States: Up 2.3%
- Canada/Mexico: Up 8.7%
- Rest of World: Up 6.4%
Daily sales by end-market:
- Heavy manufacturing: Up 4.1%
- Other manufacturing: Up 7.1%
- Nonresidential construction: Down 1.7%
- Reseller: Down 15.1%
- Other end-markets: Up 6.4%
Daily sales by product line:
- Fasteners: Up 0.1%
- Safety: Up 5.5%
- Other: Up 5.2%
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