Fastenal Company has reported its May 2025 sales figures, showing a positive performance compared to the previous year. The company achieved net sales of $687,347,000, reflecting a 4.3% increase from $658,718,000 in May 2024. The daily sales, calculated by dividing net sales by the number of business days in the U.S., also saw a substantial rise of 9.3%, reaching $32,731 compared to $29,942 in the same period last year. Key product categories contributed to this growth, with sales of fasteners increasing by 8.9%, safety products by 10.4%, and other products by 9.2%. The company's customer and channel growth metrics indicated that 59.0% of the top 100 national accounts showed growth, a slight increase from 58.0% in the previous year. Additionally, 57.8% of in-market locations experienced growth, up from 48.8% last year. Contract customers saw a daily sales growth of 12.0%, while non-contract customers experienced a 4.0% increase. The eBusiness sector's daily sales growth was 14.0%, although this was a decrease from the previous year's 26.0%. Fastenal Managed Inventory $(FMI)$ saw a robust daily sales growth of 15.0%, up from 6.0% in the prior year. Employee headcount at the end of May 2025 was 15,354, a slight increase of 0.9% from May 2024. This growth in personnel supports the company's expanding operations and sales efforts. Overall, Fastenal's performance in May 2025 reflects strong growth across various sectors and customer types.
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