SEPTEMBER 2021 INFORMATION WEB RELEASE

Release date: 10/12/21

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2021

2020

Change

Net sales

$

531,487

478,590

11.1%

Business days

21

21

0.0%

Daily sales

$

25,309

22,790

11.1%

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

13.0%

8.3%

10.3% 2015 to 2019.

Daily sales last month

$

24,139

22,153

Change in daily sales since last month

4.8%

2.9%

2.2%

Daily sales growth by geography

United States

9.7%

1.9%

Calculated using US days and US dollars.

Canada/Mexico

16.0%

2.4%

Rest of World

27.9%

11.1%

Total Company

11.1%

2.2%

Daily sales growth by end market

Manufacturing

20.1%

(3.8%)

Non-residential construction

11.7%

(11.3%)

Daily sales growth by product line

Fasteners

19.4%

(6.1%)

Safety

0.7%

30.0%

Other

9.9%

(1.5%)

Growth metrics by customer/channel type

Daily sales growth - national accounts

17.0%

2.0%

Daily sales growth - non-national accounts

4.0%

2.0%

% of Top 100 national accounts growing

82.0%

36.0%

% of public branches growing

69.8%

44.4%

Daily sales growth rates are rounded to whole percentage rates.

Employee headcount at month end

Sep-21

Sep-20

Change

Aug-21

Change

In-market locations (branches & Onsites) - FTE

11,104

11,302

(1.8%)

11,295

(1.7%)

Non-in-market selling - FTE

2,049

1,895

8.1%

2,043

0.3%

Total selling personnel - FTE

13,153

13,197

(0.3%)

13,338

(1.4%)

Distribution/Transportation personnel - FTE

2,560

2,638

(3.0%)

2,720

(5.9%)

Manufacturing personnel - FTE

616

618

(0.3%)

626

(1.6%)

Administrative personnel - FTE

1,531

1,409

8.7%

1,540

(0.6%)

Total non-selling personnel - FTE

4,707

4,665

0.9%

4,886

(3.7%)

Total personnel - FTE

17,860

17,862

0.0%

18,224

(2.0%)

Total personnel - absolute

20,231

20,336

(0.5%)

20,229

0.0%

  • 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: Thursday, November 4, 2021 at 6:00 AM(central time)

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

Attachments

  • Original document
  • Permalink

Disclaimer

Fastenal Company published this content on 12 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2021 10:51:06 UTC.