Fastenal Company (NASDAQ: FAST) reported its May 2023 sales were $649.1 million, up 10.2% from the prior-year period.
Daily sales in the U.S. rose by 4%, while sales in Canada and Mexico rose grew by 14%. Sales in other global regions decreased by 1.7%.
Manufacturing end-market sales rose 9.7%, while nonresidential construction fell 9.5%.
Fasteners daily sales growth was down 0.6%; safety sales were up 6.8%.
National accounts sales were up 9% on a daily basis, while non-national were unchanged.