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Fastenal : November 2021 Sales Information

12/06/2021 | 07:02am

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)

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.

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