Fastenal, an American industrial supply company and distributor, is one of the largest retailers of its kind. With more than 2,600 branches spanning across the US, Canada, Mexico, and Europe, the company has become an important player in the global market. Today it offers its customers industrial, safety, and constructions supplies, while also offering services like inventory management, manufacturing, and tool repair. With such a wide array of supplies, demand continues to be high as companies look to Fastenal as a way to cut their own costs and receive a quality product. Create a shipping label online or fill out an airbill using your FedEx account number.
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MSC Industrial Supply, Inc. is a leading North American distributor of metalworking and maintenance, repair and operations products and services. With over 75 years of experience, MSC is dedicated to helping customers drive greater productivity, profitability and growth. Our inventory management and other supply chain solutions ensure that your workforce and facility are supplied with equipment that is reliable, durable and accurate for every operation. Yet, non-national accounts were down 1% year over year for the month. In the year-ago period, daily sales growth in non-national accounts was 6% year over year.
Fastenal derives sales from Fasteners, Safety and other product lines. Fasteners witnessed 18.9% growth in sales last month versus a 7.3% decline registered in the year-ago period. The monthly sales data reflects that fasteners sales trend has decreased.
The figure was up 24.4% in June, 22.3% in July and 18.9% in August. Safety products declined 3.8% in August, much narrower than the 5.4% decline in July. From an end-market perspective, manufacturing sales improved 19.7% for the month against a 5% decline a year ago. Non-residential construction grew 10.1% versus a 13.7% decrease reported in August 2020. The average daily sales growth rate in non-residential improved sequentially in August, while that of manufacturing end markets declined.
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Fastenal has become a major player in the wholesale distribution of industrial and construction supplies. Offering its customers fastener products such as bolts, nuts, screws, studs, and related products. The majority of the parts the company supplies are used in the maintenance and repair of machines, as well as, the manufacturing of products. The ability to be able to serve a wide amount of customers and industries has allowed for substantial growth and success for the distributor. Daily sales on a seasonal basis were up 3.1% compared with the company's benchmark (historical five-year average) of 3.3%. Issues like price inflation, supply chain challenges and shortage of labor are negatively impacting its growth rate.
Merrill provides products and services to various employers, their employees and other individuals. Merrill offers a broad range of brokerage, investment advisory and other services. Additional information is available in our Client Relationship Summary.
Although August sales have moderated sequentially in its major end markets and key product categories, safety products registered improvements. ("BANA") and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp. Mutual Fund investment offerings for the BANA Health Savings Account ("HSA") are provided by MLPF&S. Investments in mutual funds are held in an omnibus account at MLPF&S in the name of BANA, for the benefit of all HSA account owners. Recommendations as to HSA investment menu options are provided to BANA by the Chief Investment Office ("CIO"), Global Wealth & Investment Management ("GWIM"), a division of BofA Corp. The CIO, which provides investment strategies, due diligence, portfolio construction guidance and wealth management solutions for GWIM clients, is part of the Investment Solutions Group of GWIM.
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We are your steadfast partner in providing innovative solutions that deliver. That includes our knowledgeable customer service associates who strive to ensure that every customer is provided with the best possible shopping experience - first time, every time. Fastenal was founded in 1967 by Bob Kierlin, and started as a way to offer companies a cheaper and more reliable alternative to fasteners. The company would purchase most of its offering, choosing to make very few of its own products in order to keep prices lower. It wasn't until 1994 that the company exploded onto the international scene as it moved into Canada.
15 years later the distributor operates in every province of Canada and also has retail outlets established in 14 Mexican states. The chain has also had success recently acquiring and expanding into the Asian markets of China and Malaysia. Cookies are not used for the processing, collection or storage of personal data under any circumstances. If you would like to prevent this website from using cookies, adjust the cookie settings in your browser. Changing this setting will alter the functionality of this site and your user experience could be diminished.
Shares of the company have gained 10.4% so far this year, underperforming the industry's 20.8% growth. The above-mentioned headwinds have been offsetting the benefits from its growth initiatives such as mobility and branch optimization. We believe this Zacks Rank #3 company — which shares space with Beacon Roofing Supply, Inc. TGLS in the same industry — is well positioned to navigate through these challenges with the onsite branch business. You can see the complete list of today's Zacks #1 Rank stocks here. All other trademarks are the property of their respective owners.
Our branch locator will help you find both the location and hours of operation of any store. With over 2,600 locations spread globally, it is relatively easy to find a location for your industrial needs. Vehicles For Sale Whether you're looking for a fleet truck or a personal truck, we have what you need. Fast Order Pad Any part number specific to a local Fastenal branch or Predefined Customer Cross Reference may be entered here. Logo It Check out all the products that can be customized with your company's logo.
Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc. Meanwhile, Fastenal's overall August sales of $531.1 million were up 14.2% year over year. Your experience may change as only information for the country or region you select will be presented. Drop boxes fit your schedule with 24/7 drop-off for FedEx Express, FedEx Ground and FedEx SmartPost prelabeled shipments.
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Yelp, , and related marks are registered trademarks of Yelp. Fastenal has over 1440 establishments in the US, Springfield is the city with the most business locations followed by Lebanon and Houston. In total you will find this Building material in over 1140 cities. Select one of your nearest locations for information about opening times today.
We show you local hours for Sundays and late night shopping, Address, phone number and website information can also be found. The regular opening hours of most Fastenal locations on weekdays are from Monday to Friday 7AM-5PM, in the weekend most branches are closed on both Saturday and Sunday. Find the actual business hours for today or other days in the Fastenal branch locator. Download technical documents, certificates and more for your diagnostics products.
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Request technical support for your instrument, register your product and view warranty information. Distribution faults damage your equipment, reliability, and bottom line. IntelliRupter significantly lessens momentary outages for customers on the main feeder. No matter how big, bulky or fragile your items are, you can buy the right-sized box.
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Our Future We're utilizing forward-thinking technologies, customized solutions, and predictive performance capabilities to write the next success story for our customers. Celebrating 75 Years To celebrate turning 75 this year, we are expanding our services, increasing the number of products, and refreshing our look. It would definitely be the care we take in delivering our products/services to our customers every day.
We are working continually to improve the quality of our products/services. We always put the interest of our customers on the first place. Special Offers Digital Publications & Rebates Find great prices on the products you need, plus rebates to help you save even more. Working as Part-Time AFB Order Filler, you will assist warehouse managers with inventory management and deliveries. The training experience includes hands-on, online and classroom training offered through our corporate university.
The company team boasts over 600 years of industry experience. There are more than 70,000 vending machines provided by the company to its customers. The company is credited with being the fastest growing full-line industrial distributor in the nation.
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