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Fastenal : June 2016 Sales Information
July 12, 2016 at 07:08 am EDT
ae8a8627-bd71-43d8-86c2-3ad54797f740.pdf
JUNE 2016 INFORMATION WEB RELEASE
Fastenal Company and Subsidiaries (Fastenal) (Dollar amounts in thousands)
2016
2015
Change
Release date: 7/12/16
Net sales $ 349,045
349,005
0.0%
Business days 22
22
0.0%
Daily sales $ 15,866
15,864
0.0%
Historical
2016
2015
Average
Daily sales in January $ 15,418
14,927
Change in daily sales since January 2.9%
6.3%
12.6%
Daily sales last month $ 15,890
15,718
Change in daily sales since last month -0.2%
0.9%
2.7%
Daily sales growth by age of store and currency impacts 2016
2015
Stores more than 10 years old* -2.0%
3.4%
Stores more than 5 years old* -1.8%
3.1%
Stores more than 2 years old* -1.2%
3.2%
* Age measured on the last day of the respective calendar year.
All locations regardless of age 0.0%
3.7%
Impact of currency fluctuations (primarily Canada) -0.4%
-1.1%
Impact of acquisitions 0.6%
0.1%
Daily sales growth by end market 2016
2015
Manufacturing -2.1%
2.6%
Non-residential construction -2.4%
0.4%
Daily sales growth by product line 2016
2015
Fasteners -5.3%
-1.5%
Other 3.9%
7.2%
Number of stores opened 2016
2015
Quarter-to-date 10
6
Year-to-date 27
8
Total store count 2,605
2,616
Total personnel - absolute 20,324 19,527 4.1%
Absolute Headcount Change-12M
Absolute Headcount Change-YTD
Employee headcount at month end 2016 2015 Change
Store personnel - FTE 11,845 11,228 5.5% Non-store selling personnel - FTE 1,604 1,354 18.5%
Selling personnel - FTE 13,449 12,582 6.9% Distribution personnel - FTE 2,506 2,313 8.3%
Manufacturing personnel - FTE 603 657 -8.2%
Administrative personnel - FTE 1,102 991 11.2%
Non-selling personnel - FTE 4,211 3,961 6.3%
Total personnel - FTE 17,660 16,543 6.8%
2.2%
17.7%
3.7%
6.4%
-8.9%
10.6%
5.2%
4.1%
-462
73
-389
-61
-38
66
-33
-422
Comments:
We added 171 FTE in October 2015 in connection with an acquisition. The majority were in store (125) or in distribution (41).
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: Thursday, August 4, 2016 at 6:00 AM (central time)
Next earnings release date: Tuesday, October 11, 2016 at 6:00 AM (central time)
Fastenal Company published this content on 12 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 July 2016 11:08:09 UTC .
Original document http://investor.fastenal.com/common/download/download.cfm?companyid=FAST&fileid=899275&filekey=78CE5747-A47F-4704-AA48-CC8EF0CA8338&filename=06.2016_sales_numbers.pdf
Public permalink http://www.publicnow.com/view/17527950CD33B5F6E3108F2CF7F90AFEBB7F23CA
HSBC Adjusts Price Target on Fastenal to $64 From $59
Apr. 15
MT
Loop Capital Trims Price Target on Fastenal Company to $66 From $71, Hold Rating Kept
Apr. 15
MT
JPMorgan Adjusts Fastenal's Price Target to $66 From $60, Neutral Rating Kept
Apr. 12
MT
Baird Adjusts Fastenal Price Target to $71 From $77, Maintains Neutral Rating
Apr. 12
MT
Wolfe Lowers Price Target on Fastenal to $62 From $65
Apr. 12
MT
Stephens Raises Fastenal's Price Target to $69 From $63, Retains Equalweight Rating
Apr. 11
MT
Fastenal's Fiscal First-Quarter Results Miss Expectations as Weak Industrial Production Weighs on Fastener Sales
Apr. 11
MT
Transcript : Fastenal Company, Q1 2024 Earnings Call, Apr 11, 2024
Apr. 11
Will there be any Fed rate cuts this year?
Apr. 11
Nasdaq set for higher open as fresh inflation data allays rate jitters
Apr. 11
RE
Fastenal misses quarterly estimates on lower fasteners demand
Apr. 11
RE
Tranche Update on Fastenal Company's Equity Buyback Plan announced on July 11, 2017.
Apr. 11
CI
Fastenal's Q1 Net Income Unchanged, Net Sales Rise
Apr. 11
MT
Stocks Trend Lower Pre-Bell as Wall Street Awaits PPI, Earnings; Asia, Europe Mostly Down
Apr. 11
MT
Pending Price Report, Bond Yields Mute Wall Street Pre-Bell; Asia, Europe Down
Apr. 11
MT
Earnings Flash (FAST) FASTENAL COMPANY Reports Q1 Revenue $1.9B, vs. Street Est of $1.91B
Apr. 11
MT
Earnings Flash (FAST) FASTENAL COMPANY Reports Q1 EPS $0.52, vs. Street Est of $0.53
Apr. 11
MT
Fastenal Company Reports Earnings Results for the First Quarter Ended March 31, 2024
Apr. 11
CI
North American Morning Briefing : Stock Futures Edge Lower Ahead of PPI Inflation Gauge
Apr. 11
DJ
ANALYST RECOMMENDATIONS : Chipotle, Micron, Mastercard, Snowflake, Airbnb...
Apr. 11
Fastenal Keeps Dividend at $0.39 a Share, Payable May 23 to Shareholders of Record April 25
Apr. 10
MT
Fastenal Company Declares Dividend, Payable May 23, 2024
Apr. 10
CI
Fastenal Insider Sold Shares Worth $832,453, According to a Recent SEC Filing
Mar. 19
MT
Stifel Raises Fastenal Price Target to $85 From $75, Maintains Buy Rating
Mar. 18
MT
Baird Raises Fastenal Price Target to $77 From $74, Maintains Neutral Rating
Mar. 07
MT
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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