MAY 2021 INFORMATION WEB RELEASE

Release date: 6/4/21

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2021

2020

Change

Net sales

$

477,232

493,209

(3.2%)

Business days

20

20

0.0%

Daily sales

$

23,862

24,660

(3.2%)

Impact of currency fluctuations

1.5%

(0.5%)

Historical*

Daily sales in January

$

22,398

21,039

The historical figure represents the average from

Change in daily sales since January

6.5%

17.2%

6.2% 2015 to 2019.

Daily sales last month

$

22,597

22,340

Change in daily sales since last month

5.6%

10.4%

1.7%

Daily sales growth by geography

United States

(6.1%)

14.4%

Calculated using US days and US dollars.

Canada/Mexico

32.1%

(2.4%)

Rest of World

(23.1%)

98.3%

Total Company

(3.2%)

14.8%

Daily sales growth by end market

Manufacturing

18.9%

(4.2%)

Non-residential construction

4.4%

(9.8%)

Daily sales growth by product line

Fasteners

28.2%

(15.3%)

Safety

(44.1%)

136.3%

Other

12.5%

(6.0%)

Growth metrics by customer/channel type

Daily sales growth - national accounts

(4.0%)

20.0%

Daily sales growth - non-national accounts

(2.0%)

7.0%

% of Top 100 national accounts growing

66.0%

39.0%

% of public branches growing

68.0%

40.7%

Daily sales growth rates are rounded to whole percentage rates.

Employee headcount at month end

May-21

May-20

Change

Apr-21

Change

In-market locations (branches & Onsites) - FTE

11,320

11,131

1.7%

11,260

0.5%

Non-in-market selling - FTE

1,998

1,873

6.7%

1,972

1.3%

Total selling personnel - FTE

13,318

13,004

2.4%

13,232

0.6%

Distribution/Transportation personnel - FTE

2,652

2,478

7.0%

2,629

0.9%

Manufacturing personnel - FTE

617

625

(1.3%)

612

0.8%

Administrative personnel - FTE

1,499

1,373

9.2%

1,513

(0.9%)

Total non-selling personnel - FTE

4,768

4,476

6.5%

4,754

0.3%

Total personnel - FTE

18,086

17,480

3.5%

17,986

0.6%

Total personnel - absolute

20,261

21,034

(3.7%)

20,401

(0.7%)

  • 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: Tuesday, July 13, 2021 at 6:00 AM(central time)

Next earnings release date: Tuesday, July 13, 2021 at 6:00 AM(central time)

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Disclaimer

Fastenal Company published this content on 04 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2021 10:52:02 UTC.