Global Fastener News

Tag "Fastenal"

Fastenal Fastener Sales Decline Slows

October 14
12:51 2020

“The daily sales decline of fasteners reflects the continued softness of the manufacturing and construction markets, but is improved on the 16.4% daily sales decline of fasteners experienced in the second quarter of 2020 compared to the second quarter of 2019,” the company stated.

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Fastenal Fastener Sales Drop Double Digits

April 14
13:41 2020
    Fastenal Fastener Sales Drop Double Digits

“March sales of our fastener products declined 10.1% on a daily basis as industrial activity slowed, while our safety business grew 31.0% on a daily basis as we were able to source and deliver critical personal protective equipment ('PPE') supplies to the marketplace,” the company stated.

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Fastenal Pilots Electric Truck Delivery In Los Angeles

March 17
02:44 2020
    Fastenal Pilots Electric Truck Delivery In Los Angeles

A battery electric Freightliner eM2 straight truck began service in the Fastenal fleet in early January, making deliveries to 28 Fastenal branches and Onsite locations in the Los Angeles metro area.

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Fastenal Fastener Sales Improve

March 09
11:17 2020

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%.

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Fastenal Co. Fastener Sales Up 1.8%

January 17
15:35 2020

Fastener sales grew 1.8% in the fourth quarter of 2019, compared to a 5.1% increase in sales of non-fastener products. Full-year fastener sales figures will be released in April when the company publishes its annual report.

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Fastenal Fastener Sales Growth Slows

December 05
13:59 2019

By end market, overall sales to manufacturing customers rose 7.5%, while sales to non-residential construction customers climbed 5% in November.

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Fastenal Plans Office in Downtown Winona, MN

October 15
16:46 2019
    Fastenal Plans Office in Downtown Winona, MN

Designed by The Kubala Washatko Architects, the four-story building will fill a city block and house 400-600 workers in Fastenal’s technology, accounting, supply chain and human resources departments.

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Fastenal’s Onsite Program Reaches 1,000

August 05
02:39 2019

Fastenal’s Onsite service began in 1992, when a large manufacturing plant required more inventory than the local public branch could stock.

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Fastener Sales Rise 5.5% At Fastenal

July 11
14:57 2019

“While we successfully raised prices as one element of our strategy to offset tariffs placed to date on products sourced from China, those increases were not sufficient to also counter general inflation in the marketplace.”

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FIN Stock: FASTENAL

May 20
22:45 2019

Fastenal Co. reported fastener sales declined 2.6% to $449.7 million (32.9% of overall sales) in the opening quarter of 2020.

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Fastenal Fastener Sales Growth Slows

May 14
18:49 2019

By end market, sales to manufacturing customers rose 7.4%, and sales to non-residential construction customers climbed 8.3% in April.

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Fastenal Fastener Sales At 12% Growth

April 17
21:40 2019

Daily sales of fastener products increased to 13.5% in March, compared to a 12.4% rate of growth in March 2018.

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Fastenal Fastener Sales Growth Slows

March 07
12:21 2019

Overall Fastenal sales increased 10.5% to $411.9 million in February, while daily sales grew 10.5% to $20.6 million during February.

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Fastenal Reports Double-Digit Fastener Sales Growth

February 04
01:42 2019

“Tariffs had a small impact on sales and profits in 4Q18, but a greater impact on our inventory growth,” the company stated. “Discussions with customers about addressing tariffs have been encouraging.”

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Fastener Sales Strengthen at Fastenal

October 22
01:39 2018

Fastenal warned that “challenges remain from inflationary pressures and new tariffs on Chinese-sourced goods.”

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Fastenal Fastener Sales Up Double-Digits

July 12
02:08 2018

Consolidated sales increased 13.1% to $1.28 billion, driven by higher unit sales and contributions from industrial vending and onsite locations.

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Fastenal Plans Mississippi Facility

June 18
19:46 2018
    Fastenal Plans Mississippi Facility

129,000 sq ft distribution center in Madison County, MS, to cost $11.5 million.

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Fastenal Fastener Sales Growth Nears 11%

May 04
16:55 2018
    Fastenal Fastener Sales Growth Nears 11%

Overall sales increased 19.1% to $409.3 million in April, while daily sales grew 13.4% to $19.5 million during the month.

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Fastenal Fastener Sales Near 12% Growth

April 11
21:08 2018
    Fastenal Fastener Sales Near 12% Growth

Overall net sales increased 13.2% to $1.18 billion in the first quarter of 2018, driven by higher unit sales.

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Fastenal Continues Double-Digit Fastener Growth

February 26
02:25 2018
    Fastenal Continues Double-Digit Fastener Growth

Sales in the U.S. increased 10.5%, while total North American sales improved 11.6%.

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