1 Represents the average from 2015 to 2019 for the
Change in daily sales since January
8.3%
9.8%
10.3%
same sequential period, excluding the impact of the
Daily sales last month
$
22,153
21,618
March 2017 Mansco acquisition.
Change in daily sales since last month
2.9%
3.1%
2.2%
Daily sales growth by geography2
United States
1.9%
5.4%
2 Calculated using US days and US dollars.
Canada/Mexico
2.4%
9.0%
Rest of World
11.1%
5.3%
Daily sales growth by end market
Manufacturing
(3.8%)
6.4%
Non-residential construction
(11.3%)
6.4%
Daily sales growth by product line
Fasteners
(6.1%)
2.4%
Safety
30.0%
10.1%
Other
(1.5%)
7.1%
Growth metrics by customer/channel type3
Daily sales growth - national accounts
2.0%
9.0%
Daily sales growth - non-national accounts
2.0%
2.0%
% of Top 100 national accounts growing
36.0%
58.0%
% of public branches growing
44.4%
59.4%
3 Daily sales growth rates are rounded to whole percentage rates.
Employee headcount at month end
Sep-20
Sep-19
Change
Aug-20
Change
Branch and Onsite personnel - FTE
11,302
12,417
(9.0%)
11,271
0.3%
Non-branch selling personnel - FTE
1,895
1,809
4.8%
1,865
1.6%
Total selling personnel - FTE
13,197
14,226
(7.2%)
13,136
0.5%
Distribution personnel - FTE
2,638
2,821
(6.5%)
2,591
1.8%
Manufacturing personnel - FTE
618
684
(9.6%)
624
(1.0%)
Administrative personnel - FTE
1,409
1,329
6.0%
1,396
0.9%
Total non-selling personnel - FTE
4,665
4,834
(3.5%)
4,611
1.2%
Total personnel - FTE
17,862
19,060
(6.3%)
17,747
0.6%
Total personnel - absolute
20,336
21,938
(7.3%)
20,280
0.3%
Definitions in release:
Net sales - Net sales for the period indicated.
Daily sales - Net sales divided by the number of business days in the US.
FTE - Full-time equivalent headcount.
Next monthly sales release date: Thursday, November 5, 2020 at 6:00 AM(central time)
Next earnings release date: Wednesday, January 20, 2021 at 6:00 AM(central time)
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Fastenal Company published this content on 13 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2020 10:54:03 UTC
Fastenal Company is one of the North American leaders in industrial and construction material distribution. Net sales break down by family of products as follows:
- fastening products (32.4%): screws, nuts, bolts, joints, etc.;
- protection equipment (21.2%);
- storage and handling equipment (14%);
- industrial assembly and disassembly tools (8.5%);
- pneumatic and hydraulic tools (6.7%);
- cutting equipment (5.3%);
- electrical materials (4.6%);
- welding equipment (4.1%);
- other (3.2%).
At the end of 2023, the group had 3,419 outlets located primarily in the United States/Puerto Rico/Dominican Republic (2,783), Canada (283), Mexico (197), and Europe (89).
Net sales are distributed geographically as follows: the United States (83.6%), Canada and Mexico (13.4%) and other (3%).