SEPTEMBER 2020 INFORMATION WEB RELEASE

Release date: 10/13/20

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2020

2019

Change

Net sales

$

478,590

445,957

7.3%

Business days

21

20

5.0%

Daily sales

$

22,790

22,298

2.2%

Impact of currency fluctuations

0.1%

(0.3%)

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

8.3%

9.8%

10.3%

same sequential period, excluding the impact of the

Daily sales last month

$

22,153

21,618

March 2017 Mansco acquisition.

Change in daily sales since last month

2.9%

3.1%

2.2%

Daily sales growth by geography2

United States

1.9%

5.4%

2 Calculated using US days and US dollars.

Canada/Mexico

2.4%

9.0%

Rest of World

11.1%

5.3%

Daily sales growth by end market

Manufacturing

(3.8%)

6.4%

Non-residential construction

(11.3%)

6.4%

Daily sales growth by product line

Fasteners

(6.1%)

2.4%

Safety

30.0%

10.1%

Other

(1.5%)

7.1%

Growth metrics by customer/channel type3

Daily sales growth - national accounts

2.0%

9.0%

Daily sales growth - non-national accounts

2.0%

2.0%

% of Top 100 national accounts growing

36.0%

58.0%

% of public branches growing

44.4%

59.4%

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

Employee headcount at month end

Sep-20

Sep-19

Change

Aug-20

Change

Branch and Onsite personnel - FTE

11,302

12,417

(9.0%)

11,271

0.3%

Non-branch selling personnel - FTE

1,895

1,809

4.8%

1,865

1.6%

Total selling personnel - FTE

13,197

14,226

(7.2%)

13,136

0.5%

Distribution personnel - FTE

2,638

2,821

(6.5%)

2,591

1.8%

Manufacturing personnel - FTE

618

684

(9.6%)

624

(1.0%)

Administrative personnel - FTE

1,409

1,329

6.0%

1,396

0.9%

Total non-selling personnel - FTE

4,665

4,834

(3.5%)

4,611

1.2%

Total personnel - FTE

17,862

19,060

(6.3%)

17,747

0.6%

Total personnel - absolute

20,336

21,938

(7.3%)

20,280

0.3%

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: Thursday, November 5, 2020 at 6:00 AM(central time)

Next earnings release date: Wednesday, January 20, 2021 at 6:00 AM(central time)

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Disclaimer

Fastenal Company published this content on 13 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2020 10:54:03 UTC