AUGUST 2021 INFORMATION WEB RELEASE

Release date: 9/7/21

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2021

2020

Change

Net sales

$

531,053

465,219

14.2%

Business days

22

21

4.8%

Daily sales

$

24,139

22,153

9.0%

Impact of currency fluctuations

0.4%

0.1%

Historical*

Daily sales in January

$

22,398

21,039

The historical figure represents the average from

Change in daily sales since January

7.8%

5.3%

7.8% 2015 to 2019.

Daily sales last month

$

23,415

21,341

Change in daily sales since last month

3.1%

3.8%

3.3%

Daily sales growth by geography

United States

7.2%

1.9%

Calculated using US days and US dollars.

Canada/Mexico

18.7%

3.8%

Rest of World

24.2%

15.0%

Total Company

9.0%

2.5%

Daily sales growth by end market

Manufacturing

19.7%

(5.0%)

Non-residential construction

10.1%

(13.5%)

Daily sales growth by product line

Fasteners

18.9%

(7.3%)

Safety

(3.8%)

35.1%

Other

8.5%

(1.9%)

Growth metrics by customer/channel type

Daily sales growth - national accounts

17.0%

0.0%

Daily sales growth - non-national accounts

(1.0%)

6.0%

% of Top 100 national accounts growing

77.0%

33.0%

% of public branches growing

65.7%

44.7%

Daily sales growth rates are rounded to whole percentage rates.

Employee headcount at month end

Aug-21

Aug-20

Change

Jul-21

Change

In-market locations (branches & Onsites) - FTE

11,295

11,271

0.2%

11,338

(0.4%)

Non-in-market selling - FTE

2,043

1,865

9.5%

2,049

(0.3%)

Total selling personnel - FTE

13,338

13,136

1.5%

13,387

(0.4%)

Distribution/Transportation personnel - FTE

2,720

2,591

5.0%

2,686

1.3%

Manufacturing personnel - FTE

626

624

0.3%

629

(0.5%)

Administrative personnel - FTE

1,540

1,396

10.3%

1,528

0.8%

Total non-selling personnel - FTE

4,886

4,611

6.0%

4,843

0.9%

Total personnel - FTE

18,224

17,747

2.7%

18,230

0.0%

Total personnel - absolute

20,229

20,280

(0.3%)

20,320

(0.4%)

  • Historical averages exclude the impact of the March 2017 acquisition of Mansco. They also exclude 2020, a year during which many months were significantly impacted by COVID-19 surge activity and so would not be considered representative of normal activity.

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: Tuesday, October 12, 2021 at 6:00 AM(central time)

Next earnings release date: Tuesday, October 12, 2021 at 6:00 AM(central time)

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Disclaimer

Fastenal Company published this content on 07 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2021 10:51:01 UTC.