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%