8/5/2013 12:28:00 PM
NEWS BRIEFS
Fastenal Sales Increase in July
Fastenal reported sales in July grew 7.8% to $282.3 million, with daily sales up 2.9% to $12.83 million. The company said July sales were “severely” impacted by the timing of July 4th.
“After completing the first week of July 2013, our delivered and billed daily sales were down 9.3% from July 2012 (there were four business days in both periods) and were down 21.7% from the first week of June 2013.”
Sales to manufacturing customers grew 2.1% and non-residential construction customers contracted 0.1%.
Total employee headcount grew 3.2% to 16,049, boosted by an 11.4% jump in non-store selling personnel and a 6.2% increase in administrative personnel.
During July Fastenal opened one new store, compared to three stores in July 2012. The company’s total store count stands at 2,678. ©2913 GlobalFastenerNews.com
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