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Home » Distribution Industry News » Fastenal Sales Up 3.6% in August 2023

Date

  • Published on: September 7, 2023

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  • Picture of Distribution Strategy Group Distribution Strategy Group

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Distribution Industry News

Fastenal Sales Up 3.6% in August 2023

Fastenal reported sales in August 2023 were $668 million, up 3.6% from the same month a year ago.  

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By geography, sales were up 3.2% in the U.S. and 9% in Canada/Mexico. They were down 4.7% in the Rest of World. 

Heavy manufacturing (8.6%), Other Manufacturing (1.3%) and Other End-Markets (7.8%) all experienced growth. Nonresidential construction (-6.2%) and Reseller (-7.2%) saw declines. 

Fasteners sales fell 3.8% in the month, but Safety and Other grew, 9.5% and 6.9% respectively. 

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