Hardware

Fastenal sales dip 3.2% in May

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June 7, 2021

Sales for Fastenal, a provider of industrial and construction supplies and supply vending services, fell 3.2% from $493.2 million in May 2020 to $477.2 million in May, 2021, according to a financial report.

Daily sales for the 20-day period fell 3.2% from $24.7 million to $23.9 million.

Sales of safety products played a key role in the May 2021 results, as this category posted a 136.3% one-month gain in May 2020 compared to a 44.1% drop in May 2021.