Fastenal (Nasdaq: FAST), Winona, Minn., reported August 2024 sales were $652 million, down 2.3% from the prior-year period. Daily sales were up 2.1%.
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Daily sales by geography in August:
- United States: Up 1.4%
- Canada/Mexico: Up 6.2%
- Rest of World: Up 6.6%
Daily sales by end-market:
- Heavy manufacturing: Up 2.3%
- Other manufacturing: Up 6.6%
- Nonresidential construction: Down 6.4%
- Reseller: Down 12.5%
- Other end-markets: Up 4.7%
Daily sales by product line:
- Fasteners: Down 2.2%
- Safety: Up 5.8%
- Other: Up 3.7%