6/7/2016 12:44:00 AM
NEWS BRIEFS
Fastenal Fastener Sales Decline in May

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Fastenal Co. reported daily fastener sales in May dropped 1.7%.

Net sales rose 6.2% to $333.7 million in May. Daily sales during the month gained 1.1% to $15.9 million. Daily sales to manufacturing customers edged up 0.6%, while sales to non-residential construction customers fell 1.8%.

Daily fastener sales improved from -6% in the final quarter of 2015 to -0.4% in January 2016. Fastener sales were up 9.4% in the first month of 2015.

For 2015, the company’s fastener product line saw sales decline 1.4%, compared to sales growth of 6.9% the previous year.

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Related Links:

• Fastenal Co.