NOVEMBER 2021 INFORMATION WEB RELEASE

Release date: 12/6/21

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2021

2020

Change

Net sales

$

524,168

441,029

18.9%

Business days

21

20

5.0%

Daily sales

$

24,960

22,051

13.2%

Impact of currency fluctuations

0.2%

0.2%

Historical*

Daily sales in January

$

22,398

21,039

The historical figure represents the average from

Change in daily sales since January

11.4%

4.8%

3.2% 2015 to 2019.

Daily sales last month

$

25,319

22,189

Change in daily sales since last month

(1.4%)

(0.6%)

(4.0%)

Daily sales growth by geography

United States

12.8%

5.4%

Calculated using US days and US dollars.

Canada/Mexico

14.1%

9.7%

Rest of World

17.9%

28.7%

Total Company

13.2%

6.8%

Daily sales growth by end market

Manufacturing

22.6%

1.4%

Non-residential construction

16.6%

(10.2%)

Daily sales growth by product line

Fasteners

23.7%

(1.7%)

Safety

0.4%

35.9%

Other

11.7%

1.7%

Growth metrics by customer/channel type

Daily sales growth - national accounts

19.0%

8.0%

Daily sales growth - non-national accounts

6.0%

6.0%

% of Top 100 national accounts growing

78.0%

36.0%

% of public branches growing

71.3%

52.2%

Daily sales growth rates are rounded to whole percentage rates.

Employee headcount at month end

Nov-21

Nov-20

Change

Oct-21

Change

In-market locations (branches & Onsites) - FTE

11,365

11,272

0.8%

11,318

0.4%

Non-in-market selling - FTE

2,072

1,908

8.6%

2,071

0.0%

Total selling personnel - FTE

13,437

13,180

1.9%

13,389

0.4%

Distribution/Transportation personnel - FTE

2,713

2,603

4.2%

2,753

(1.5%)

Manufacturing personnel - FTE

621

613

1.3%

626

(0.8%)

Administrative personnel - FTE

1,561

1,440

8.4%

1,542

1.2%

Total non-selling personnel - FTE

4,895

4,656

5.1%

4,921

(0.5%)

Total personnel - FTE

18,332

17,836

2.8%

18,310

0.1%

Total personnel - absolute

20,523

20,357

0.8%

20,368

0.8%

  • 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: Wednesday, January 19, 2022 at 6:00 AM(central time)

Next earnings release date: Wednesday, January 19, 2022 at 6:00 AM(central time)

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Disclaimer

Fastenal Company published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 12:01:01 UTC.