Fastenal reported fastener sales increased 1.6% in February, compared with a 1.3% rate of growth the previous month.  Sales of other products grew 6.9% in February.

Overall sales rose 3.6% to $431.2 million in February, while daily sales grew 4.7% to $21.5 million during the month.

Sales in the U.S. gained 4.6%, while sales in Canada and Mexico increased 12.1%.

By end market, sales to manufacturing customers improved 6.2%, and sales to non-residential construction customers climbed 4.9% in February.

The company’s workforce increased 0.9% during the month to 22,203 employees.  Distribution personnel increased .6%% to 2,953, while manufacturing personnel increased 0.9% to 679. 

In the fourth quarter of 2019, fastener sales grew 1.8% to $429 million, or 33.6% of overall sales.  Sales of non-fastener products grew 5.1% to $847.9 million, or 66.4% of overall sales.  Web: Fastenal.com