Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->Fastenal Sales, Headcount Accelerate In FebruaryYou are the 431245 visitors
Views:612   |   recommendation:   |   Votes:0   |   Discuss:0
Fastenal Sales, Headcount Accelerate In February

Fastenal reported its 2018 February sales information on Tuesday, led by continued strong year-over-year (YoY) sales growth, with daily sales outpacing January's.

Fastenal posted total January sales of $372.8 million, up 14.8 percent year-over-year and on a daily basis. It marked the company's ninth-straight month with at least 12.0 percent daily sales growth YoY.

Fastenal's February daily sales increased 12.7 percent in the U.S. and 14.0 percent throughout North America.

By end market, February sales to manufacturing customers grew 15.9 percent, compared to 13.3 percent in January. Sales to non-residential construction customers grew 10.5 percent, compared to 7.9 percent in January.

By product line, Fastenal's February fastener sales grew 13.1 percent, compared to 10.1 percent in January. Sales of other products grew 16.3 percent in February, compared to 13.7 percent in January.

Fastenal ended February with a total company headcount of 20,982, up 417 from January (+2.0 percent) and up 6.1 percent YoY. Its February headcount includes 116 branch and Onsite full-time employees in connection to the company's 2017 acquisition of Manufacturers Supply Company. The company's branch and Onsite personnel count of 11,854 was up 305 from January (+2.6 percent) and up 6.8 percent YoY, while total selling personnel of 13,539 was up 314 from January (+2.4 percent) and up 7.1 percent YoY.

*As of January, Fastenal's monthly sales report no longer includes breakout statistics for number of branches opened or total branch count. In the company's Q4 and full year 2017 earnings report posted Jan. 17, the company had opened three branches in Q4 and closed 37, with its total public branch count at 2,383 at the end of the year.

Source: Industrial Distribution

2018/3/7 16:30:00

Previous:    Report: North American Robotics Market Hit $1.9 Billion In 2017
        Next:    Fastener Master Distributor G.L. Huyett Acquires HANDI-CHECK From Illinois Tool Works

Recent Related News
Dongguan STL: Practice Brand Concept By Setting up Fatigue Test Center--2018-06-08
Germany's Billionaire 'Screw King' Tightens the Screws on the U.S.: No More Investment Until Trump Goes--2018-06-08
Fastenal To Build New Mississippi Distribution Center By 2019--2018-06-06
Sundram Fasteners Q4 standalone net up 8.62%--2018-05-15
NORMA Group to acquire water management company in India--2018-05-09
Large Customers Power Fastenal's Continued Strong Growth In April--2018-05-08
MSC Acquires Fastener Distributor All Integrated Solutions For $86M--2018-05-03
Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets--2018-04-28
Wuxi Anshida Hardware Co.,Ltd: Pursue Perfection with Persistence--2018-04-24
NORMA Group Buys Nashik-Based Water Management Firm KPSL--2018-04-23
Bossard Marked Sales and Profit Growth –Record Profitability --2018-03-30
Anixter Moves Flagship European DC To Lichfield, U.K.--2018-03-29

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener3fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Manufacturing Expo Thailand, Jun 20-23, 2018, Bangkok, Thailand

•Vietnam Manufacturing Expo, Aug 8-10, Hanoi, Vietnam

•Fastener Shanghai 2018 - Shanghai Fastener & Tech Show, Sept 26-29, 2018, Shanghai, China



Show Room



Offer Product

Latest News
• NEW FASTENER TECHNOLOGY FROM TEN COUNTRIES IS EXHIBITED AT FASTENER FAIR MEXICO 2018

• Import Now To Beat Tariffs On Goods From China? It Will Cost

Buyers' Guide
Company News

• Donglong Metal Mold Machinery: Focus on Quality, Talents and Brand

• Wuxi Anshida Hardware Co.,Ltd: Pursue Perfection with Persistence

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener