Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported April sales of $497.1 million, which was up 1.2% from the same month a year ago. Daily sales last month were $22.5 million, which was also an increase of 1.2 from the prior year.
By region, U.S. sales dipped by 4.3%, Canada/Mexico sales were up 50.1% and “rest of world” sales grew 26.7%. By end market, manufacturing sales increased 30.8% while non-residential construction sales were up 11.9%, the company said. Safety sales dropped by 40.9% in April while fasteners increased by 33.3% and “other” improved 16%.
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