Fastenal Company reported a 5.0% increase in its daily sales rate (DSR) for February 2025 compared to the prior year. Net sales for the month were $627.119 million, which was flat year-over-year due to one less selling day in February 2025.
Fastener sales experienced a 0.6% daily sales growth, marking the first positive growth for this product line after seven consecutive quarters of flat or declining performance. Safety supplies continued strong growth at 8.5%, and other product lines increased by 6.8%.
Contract sales, which include national account, government, and local contracts, showed robust daily sales growth of 9.0%. The company's eBusiness daily sales grew by 13.0%, and Fastenal Managed Inventory (FMI) daily sales increased by 9.0%.
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