Fastenal : March 2025 Sales Information

FAST

MARCH 2025 INFORMATION WEB RELEASE

Release date: 4/11/25

Fastenal Company and Subsidiaries

(Dollar amounts in thousands)

2025

2024

Change

Net sales

$680,067

$628,158

8.3%

Daily sales - Net sales divided by the number of business

days in the US.

Business days

21

21

0.0%

Daily sales

$32,384

$29,912

8.3%

Impact of currency fluctuations

(0.4%)

0.1%

Historical

Daily sales in January

$29,647

$29,085

Historical figures are an average from 2019, and 2021 to

2024. 2020 is excluded as COVID-related surge activity

Change in daily sales since January

9.2%

2.8%

4.2%

makes the period unrepresentative of normal trends.

Daily sales last month

$31,356

29,862

Change in daily sales since last month

3.3%

0.2%

2.9%

Current Month

Daily sales growth by geography

% of Sales

United States

8.4%

1.0%

83.3%

Calculated using US days and US dollars.

Canada/Mexico

7.3%

5.0%

13.5%

Rest of World

8.1%

9.6%

3.2%

Total Company

8.3%

1.8%

Current Month

Daily sales growth by end market

% of Sales

Heavy Manufacturing

7.9%

2.0%

43.5%

Other Manufacturing

12.0%

3.4%

32.8%

Non-residential Construction

0.2%

(7.4%)

8.0%

Other End Markets

4.5%

4.2%

15.7%

Current Month

Daily sales growth by product line

% of Sales

Fasteners

4.5%

(3.7%)

30.6%

Safety

9.2%

6.8%

21.4%

Other

9.9%

3.8%

48.0%

Growth metrics by customer/channel type

% of Top 100 national accounts growing

59.0%

58.0%

% of in-market locations growing

55.7%

50.1%

Daily sales growth - contract customers

11.0%

7.0%

Daily sales growth - non-contract customers

0.0%

(8.0%)

Daily sales growth - eBusiness*

18.0%

30.0%

Daily sales growth - FMI

13.0%

6.0%

Daily sales growth rates are rounded to whole percentage rates.

Contract sales include sales realized under national account, government, and local contracts.

FMI - Fastenal Managed Inventory

Employee headcount at month end***

Mar-25

Mar-24

Change

Feb-25

Change

Selling personnel - FTE**

15,236

15,064

1.1%

15,171

0.4%

Distribution/Transportation personnel - FTE

3,111

3,013

3.3%

3,084

0.9%

Manufacturing personnel - FTE

957

888

7.8%

950

0.7%

Organizational support personnel - FTE**

2,035

1,970

3.3%

2,040

(0.2%)

Total personnel - FTE

21,339

20,935

1.9%

21,245

0.4%

Total personnel - absolute

24,181

23,695

2.1%

24,013

0.7%

FTE - Full-time equivalent headcount.

to absolute or FTE headcount, it produces minor shifting between headcount categories. Historical numbers have been adjusted to reflect this realignment.

Next monthly sales release date: Tuesday, May 6, 2025 at 6:00 AM(central time)

Next earnings release date: Monday, July 14, 2025 at 6:00 AM(central time)

Disclaimer

Fastenal Company published this content on April 11, 2025, and is solely responsible for the information contained herein. Distributed via , unedited and unaltered, on April 11, 2025 at 10:53 UTC.