Daily sales growth rates are rounded to whole percentage rates.
Employee headcount at month end
Dec-21
Dec-20
Change
Nov-21
Change
In-market locations (branches & Onsites) - FTE
11,337
11,260
0.7%
11,365
(0.2%)
Non-in-market selling - FTE
2,076
1,923
8.0%
2,072
0.2%
Total selling personnel - FTE
13,413
13,183
1.7%
13,437
(0.2%)
Distribution/Transportation personnel - FTE
2,740
2,591
5.8%
2,713
1.0%
Manufacturing personnel - FTE
619
607
2.0%
621
(0.3%)
Administrative personnel - FTE
1,598
1,455
9.8%
1,561
2.4%
Total non-selling personnel - FTE
4,957
4,653
6.5%
4,895
1.3%
Total personnel - FTE
18,370
17,836
3.0%
18,332
0.2%
Total personnel - absolute
20,507
20,365
0.7%
20,523
(0.1%)
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: Friday, February 4, 2022 at 6:00 AM(central time)
Next earnings release date: Wednesday, April 13, 2022 at 6:00 AM(central time)
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Fastenal Company published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 12:01:07 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%).