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Home » Distribution Industry News » Fastenal’s October 2023 Sales Up 6.8%

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  • Published on: November 6, 2023

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Distribution Industry News

Fastenal’s October 2023 Sales Up 6.8%

Fastenal (NASDAQ: FAST), Winona, Minn., reported sales for October 2023 were $644 million, up 6.8% from the prior-year period. 

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Daily sales were up 1.9%. 

By geography, daily sales were up: 

  • 1% in the U.S. 
  • 8.2% in Canada/Mexico 
  • 0.4% in Rest of World 

By end-market: 

  • Up 5.6% in Heavy Manufacturing 
  • Up 1.9% in Other Manufacturing 
  • Down 8.8% in Nonresidential Construction 
  • Down 12% in Reseller 
  • Up 6.1% in Other End-Markets 

By product line, fasteners were down 2.6%, and safety sales were up 6.4%.

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