Fastenal (Nasdaq: FAST), Winona, Minn., distributor of industrial and construction supplies, reported October 2024 sales were $693 million, up 7.5% from the prior-year period. Daily sales were up 2.8%.
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Daily sales by geography in October:
- United States: Up 2.3%
- Canada/Mexico: Up 4.2%
- Rest of World: Up 9.2%
Daily sales by end-market:
- Heavy manufacturing: Up 3.1%
- Other manufacturing: Up 4.9%
- Nonresidential construction: Down 4.9%
- Reseller: Down 10.1%
- Other end-markets: Up 9.4%
Daily sales by product line:
- Fasteners: Down 2%
- Safety: Up 5.8%
- Other: Up 5.1%
