Daily sales growth rates are rounded to whole percentage rates.
Employee headcount at month end
May-22
May-21
Change
Apr-22
Change
In-market locations (branches & Onsites) - FTE
11,836
11,320
4.6%
11,698
1.2%
Non-in-market selling - FTE
2,279
1,998
14.1%
2,262
0.8%
Total selling personnel - FTE
14,115
13,318
6.0%
13,960
1.1%
Distribution/Transportation personnel - FTE
2,839
2,652
7.1%
2,771
2.5%
Manufacturing personnel - FTE
669
617
8.4%
658
1.7%
Organizational support personnel - FTE**
1,604
1,499
7.0%
1,579
1.6%
Total non-selling personnel - FTE
5,112
4,768
7.2%
5,008
2.1%
Total personnel - FTE
19,227
18,086
6.3%
18,968
1.4%
Total personnel - absolute
21,444
20,261
5.8%
21,306
0.6%
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.
Organizational support personnel consists of: (1) Sales & Growth Driver Support personnel (35%-40% of category), which includes sourcing, purchasing, supply chain, product development, etc.; (2) Information Technology personnel (30%-35% of category); (3) Administrative Support personnel (25%-30% of category), which includes human resources, Fastenal School of Business, accounting and finance, senior management, etc.
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: Wednesday, July 13, 2022 at 6:00 AM(central time)
Next earnings release date: Wednesday, July 13, 2022 at 6:00 AM(central time)
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Fastenal Company published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 11:01:04 UTC.
Fastenal Company is one of the North American leaders in industrial and construction material distribution. Net sales break down by family of products as follows:
- fastening products (32.4%): screws, nuts, bolts, joints, etc.;
- protection equipment (21.2%);
- storage and handling equipment (14%);
- industrial assembly and disassembly tools (8.5%);
- pneumatic and hydraulic tools (6.7%);
- cutting equipment (5.3%);
- electrical materials (4.6%);
- welding equipment (4.1%);
- other (3.2%).
At the end of 2023, the group had 3,419 outlets located primarily in the United States/Puerto Rico/Dominican Republic (2,783), Canada (283), Mexico (197), and Europe (89).
Net sales are distributed geographically as follows: the United States (83.6%), Canada and Mexico (13.4%) and other (3%).
FASTENAL COMPANY 
