Fastenal’s fastener sales grow 6.7%

Fastenal’s May results revealed a rise in net sales of 14.9% to $383 million from $334 million.

North America’s largest fastener distributor saw fastener sales grow 6.7% – or 3.1% excluding the acquisition of Mansco.

The Mansco acquisition saw Fastenal add 118 stores in April 2017. The total store count now stands at 2,484 – down from last year’s 2,632.

Daily sales were up 9.7% to $17.4 million from $15.9 million in 2016.

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