JULY 2020 INFORMATION WEB RELEASE

Release date: 8/6/20

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2020

2019

Change

Net sales

$

469,506

457,546

2.6%

Business days

22

22

0.0%

Daily sales

$

21,341

20,798

2.6%

Impact of currency fluctuations

(0.2%)

(0.1%)

Historical1

Daily sales in January

$

21,039

20,314

1 Represents the average from 2015 to 2019 for the

Change in daily sales since January

1.4%

2.4%

4.4%

same sequential period, excluding the impact of the

Daily sales last month

$

23,834

21,766

March 2017 Mansco acquisition.

Change in daily sales since last month

(10.5%)

(4.4%)

(3.4%)

Daily sales growth by geography2

United States

2.2%

5.3%

2 Calculated using US days and US dollars.

Canada/Mexico

(0.4%)

13.1%

Rest of World

27.3%

3.0%

Daily sales growth by end market

Manufacturing

(5.5%)

7.9%

Non-residential construction

(9.6%)

1.6%

Daily sales growth by product line

Fasteners

(7.5%)

1.8%

Safety

38.0%

12.4%

Other

(3.6%)

7.3%

Growth metrics by customer/channel type3

Daily sales growth - national accounts

2.0%

10.0%

Daily sales growth - non-national accounts

3.0%

0.0%

% of Top 100 national accounts growing

38.0%

62.0%

% of public branches growing

46.2%

56.5%

3 Daily sales growth rates are rounded to whole percentage rates.

Employee headcount at month end

Jul-20

Jul-19

Change

Jun-20

Change

Branch and Onsite personnel - FTE

11,307

12,837

(11.9%)

11,310

0.0%

Non-branch selling personnel - FTE

1,871

1,794

4.3%

1,876

(0.3%)

Total selling personnel - FTE

13,178

14,631

(9.9%)

13,186

(0.1%)

Distribution personnel - FTE

2,585

2,903

(11.0%)

2,615

(1.1%)

Manufacturing personnel - FTE

632

697

(9.3%)

625

1.1%

Administrative personnel - FTE

1,386

1,320

5.0%

1,388

(0.1%)

Total non-selling personnel - FTE

4,603

4,920

(6.4%)

4,628

(0.5%)

Total personnel - FTE

17,781

19,551

(9.1%)

17,814

(0.2%)

Total personnel - absolute

20,400

22,139

(7.9%)

20,667

(1.3%)

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, September 4, 2020 at 6:00 AM(central time)

Next earnings release date: Tuesday, October 13, 2020 at 6:00 AM(central time)

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Disclaimer

Fastenal Company published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 10:53:11 UTC