1 Represents the average from 2015 to 2019 for the
Change in daily sales since January
5.5%
4.9%
7.5%
same sequential period, excluding the impact of the
Daily sales last month
$
22,790
22,298
March 2017 Mansco acquisition.
Change in daily sales since last month
(2.6%)
(4.4%)
(2.5%)
Daily sales growth by geography2
United States
3.0%
3.7%
2 Calculated using US days and US dollars.
Canada/Mexico
6.8%
9.4%
Rest of World
30.7%
4.8%
Daily sales growth by end market
Manufacturing
(0.1%)
5.8%
Non-residential construction
(9.9%)
4.0%
Daily sales growth by product line
Fasteners
(4.7%)
3.4%
Safety
32.0%
8.0%
Other
0.8%
4.3%
Growth metrics by customer/channel type3
Daily sales growth - national accounts
6.0%
10.0%
Daily sales growth - non-national accounts
3.0%
(2.0%)
% of Top 100 national accounts growing
37.0%
61.0%
% of public branches growing
49.5%
56.3%
3 Daily sales growth rates are rounded to whole percentage rates.
Employee headcount at month end
Oct-20
Oct-19
Change
Sep-20
Change
Branch and Onsite personnel - FTE
11,211
12,381
(9.4%)
11,302
(0.8%)
Non-branch selling personnel - FTE
1,909
1,814
5.2%
1,895
0.7%
Total selling personnel - FTE
13,120
14,195
(7.6%)
13,197
(0.6%)
Distribution personnel - FTE
2,614
2,887
(9.5%)
2,638
(0.9%)
Manufacturing personnel - FTE
614
684
(10.2%)
618
(0.6%)
Administrative personnel - FTE
1,414
1,303
8.5%
1,409
0.4%
Total non-selling personnel - FTE
4,642
4,874
(4.8%)
4,665
(0.5%)
Total personnel - FTE
17,762
19,069
(6.9%)
17,862
(0.6%)
Total personnel - absolute
20,290
21,993
(7.7%)
20,336
(0.2%)
Definitions in release:
Net sales - Net sales for the period indicated.
Daily sales - Net sales divided by the number of business days in the US.
FTE - Full-time equivalent headcount.
Next monthly sales release date: Friday, December 4, 2020 at 6:00 AM(central time)
Next earnings release date: Wednesday, January 20, 2021 at 6:00 AM(central time)
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
Fastenal Company published this content on 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 11:56:08 UTC
Fastenal Company is one of the North American leaders in industrial and construction material distribution. Net sales break down by family of products as follows:
- fastening products (32.4%): screws, nuts, bolts, joints, etc.;
- protection equipment (21.2%);
- storage and handling equipment (14%);
- industrial assembly and disassembly tools (8.5%);
- pneumatic and hydraulic tools (6.7%);
- cutting equipment (5.3%);
- electrical materials (4.6%);
- welding equipment (4.1%);
- other (3.2%).
At the end of 2023, the group had 3,419 outlets located primarily in the United States/Puerto Rico/Dominican Republic (2,783), Canada (283), Mexico (197), and Europe (89).
Net sales are distributed geographically as follows: the United States (83.6%), Canada and Mexico (13.4%) and other (3%).