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Fastenal : October 2017 Sales Information
November 06, 2017 at 06:59 am EST
OCTOBER 2017 INFORMATION WEB RELEASE
Fastenal Company and Subsidiaries (Fastenal) (Dollar amounts in thousands)
2017
2016
Change
Release date: 11/6/17
Net sales
$ 399,695
335,286
19.2%
Business days
22
21
4.8%
Daily sales
$ 18,168
15,966
13.8%
Impact of acquisitions
1.3%
0.6%
Impact of currency fluctuations
0.4%
-0.2%
Historical
2017
2016
5-Year Average1
1 The 'Historical 5-year Average' includes the years 2012 to 2016.
Daily sales in January
$ 16,002
15,418
2 Inclusion of Manufacturers Supply
Change in daily sales since January
13.5% 2
3.6%
7.6%
Company ('Mansco'), which we acquired
Daily sales last month
$ 18,567
16,109
in March 2017, added 1.3pps to the
Change in daily sales since last month
-2.1%
-0.9%
-2.4%
change in daily sales since January.
Daily sales growth by geography
2017
2016
United States
13.0%
2.7%
Total North America
13.5%
3.8%
Total Company
13.8%
3.9%
Daily sales growth by end market 3
2017
2016 *
3 Inclusion of Mansco, which we acquired
Manufacturing
15.7%
3.1%
in March 2017, added 1.9pps to the
Non-residential construction
6.0%
3.4%
daily sales growth of manufacturing.
Daily sales growth by product line
2017
2016
4 Inclusion of Mansco, which we acquired
Fasteners 4
11.5%
-0.2%
in March 2017, added 3.6pps to the
Other
15.5%
6.4%
daily sales growth of fasteners.
Number of public branches opened
2017
2016
Quarter-to-date
2
3
Year-to-date
17
38
Number of branch locations
2,420
2,548
Total personnel - absolute 20,550 19,864 3.5%
Absolute Headcount Change-12M
Absolute Headcount Change-YTD
Employee headcount at month end 2017 ** 2016 Change
Branch and Onsite personnel - FTE 11,600 11,033 5.1%
Non-branch selling personnel - FTE 1,659 1,544 7.4%
Total selling personnel - FTE 13,259 12,577 5.4%
Distribution personnel - FTE 2,564 2,426 5.7%
Manufacturing personnel - FTE 607 581 4.5%
Administrative personnel - FTE 1,114 1,072 3.9%
Total non-selling personnel - FTE 4,285 4,079 5.1%
Total personnel - FTE 17,544 16,656 5.3%
2.8%
6.6%
3.2%
4.3%
4.6%
3.0%
4.1%
3.5%
521
119
640
155
43
88
286
926
Comments:
* In July 2017, we reclassified certain end market designations. This resulted in changes to the October 2016 end market rates of change.
** The October 2017 headcount includes 115 branch and Onsite FTE (124 absolute headcount) in connection with the acquisition of Mansco.
Definitions in release:
Net sales - Net sales for the period indicated.
Daily sales - Net sales divided by the number of business days in the United States. FTE - Full-time equivalent headcount.
Change 12M - Twelve month change. / Change YTD - Year-to-date change.
Next monthly sales release date: Wednesday, December 6, 2017 at 6:00 AM (central time)
Next earnings release date: Wednesday, January 17, 2018 at 6:00 AM (central time)
Fastenal Company published this content on 06 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 November 2017 11:58:00 UTC .
Original document http://investor.fastenal.com/common/download/download.cfm?companyid=FAST&fileid=962722&filekey=5AF4D02A-6256-4149-BAA2-E9962030FFFE&filename=10.2017_sales_numbers.pdf
Public permalink http://www.publicnow.com/view/A8433EEA9DCC2D0B8579FA9B5B57F67855C99618
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
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%).
More about the company
Last Close Price
67.74
USD
Average target price
66.88
USD
Spread / Average Target
-1.27%
Consensus
+951% of historical performance
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