OCTOBER 2020 INFORMATION WEB RELEASE

Release date: 11/5/20

Fastenal Company and Subsidiaries (Fastenal)

(Dollar amounts in thousands)

2020

2019

Change

Net sales

$

488,167

490,081

(0.4%)

Business days

22

23

(4.3%)

Daily sales

$

22,189

21,308

4.1%

Impact of currency fluctuations

0.1%

(0.1%)

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

5.5%

4.9%

7.5%

same sequential period, excluding the impact of the

Daily sales last month

$

22,790

22,298

March 2017 Mansco acquisition.

Change in daily sales since last month

(2.6%)

(4.4%)

(2.5%)

Daily sales growth by geography2

United States

3.0%

3.7%

2 Calculated using US days and US dollars.

Canada/Mexico

6.8%

9.4%

Rest of World

30.7%

4.8%

Daily sales growth by end market

Manufacturing

(0.1%)

5.8%

Non-residential construction

(9.9%)

4.0%

Daily sales growth by product line

Fasteners

(4.7%)

3.4%

Safety

32.0%

8.0%

Other

0.8%

4.3%

Growth metrics by customer/channel type3

Daily sales growth - national accounts

6.0%

10.0%

Daily sales growth - non-national accounts

3.0%

(2.0%)

% of Top 100 national accounts growing

37.0%

61.0%

% of public branches growing

49.5%

56.3%

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

Employee headcount at month end

Oct-20

Oct-19

Change

Sep-20

Change

Branch and Onsite personnel - FTE

11,211

12,381

(9.4%)

11,302

(0.8%)

Non-branch selling personnel - FTE

1,909

1,814

5.2%

1,895

0.7%

Total selling personnel - FTE

13,120

14,195

(7.6%)

13,197

(0.6%)

Distribution personnel - FTE

2,614

2,887

(9.5%)

2,638

(0.9%)

Manufacturing personnel - FTE

614

684

(10.2%)

618

(0.6%)

Administrative personnel - FTE

1,414

1,303

8.5%

1,409

0.4%

Total non-selling personnel - FTE

4,642

4,874

(4.8%)

4,665

(0.5%)

Total personnel - FTE

17,762

19,069

(6.9%)

17,862

(0.6%)

Total personnel - absolute

20,290

21,993

(7.7%)

20,336

(0.2%)

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, December 4, 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 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 11:56:08 UTC