Fastenal Company (NASDAQ: FAST) reported its May 2022 sales were $589 million, a 23.5% increase from the same prior-year period.
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Daily sales in the U.S. grew by 19.1%, while sales in Canada and Mexico grew 14.7%, and sales in other global regions grew 5.8%. Manufacturing end-market sales rose by 22.4%, while nonresidential construction improved by 10.7%.
Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s
developed customer-facing analytics approaches for customer segmentation,
customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at
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