Fastenal Co. reported fastener sales increased 14.1% in November, compared to a 16.6% sales gain of non-fastener products.
Overall sales at Fastenal rose 15.4% to $365.5 million in November, with daily sales up 15.4% to $17.4 million.
Sales in the U.S. increased 13.8%, while total North American sales improved 15%.
Sales to manufacturing customers gained 17.2% during the month. Sales to non-residential construction customers rose 10.8%.
Fastenal has opened 18 stores in 2017, including three in the first two months of the final quarter.
The company’s workforce grew 4% during November to 20,593 employees. Distribution personnel increased 8.4% to 2,636, while manufacturing personnel increased 8.4% to 620.
In the third quarter of 2017, Fastenal’s daily fastener sales grew 12.1% to approximately $403 million. Web: Fastenal.com
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