WebJan 20, 2024 · For the full year, Fastenal had 2024 total sales of $5.65 billion, up 5.9 percent over 2024, with daily sales up 5.5 percent. Gross profit margin of 45.5 percent was down from 47.2 percent in 2024. Operating profit of $1.14 billion (20.2 percent of sales) grew 8.0 percent over 2024 (19.8 percent of sales), while total profit of $859 million was ... WebApr 7, 2024 · Fastenal ended 2024 with just 2,003 branch locations, down 111 — or 5.3% — from the same time a year ago. Meanwhile, its in-market location employee count declined 9.3% to 12,680 from 13,977 also year-over-year. These diminishing numbers are the result of the company’s “evolved” branch model, Florness told analysts on the call.
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WebSep 26, 2024 · At the close of the second quarter of 2024, there were 1,026 Onsites generating over 25% of Fastenal’s total revenue. To put the 1,000th Onsite milestone in perspective, it took Fastenal nearly 35 years to open its 1,000th public branch (Kapolei, Hawaii, 2001). “Onsite is a natural progression in Fastenal’s 50-plus-year journey of … WebThe five-sided head provides tamper resistance by making these screws difficult to remove without special tools. Install or remove with 5-point sockets (sold separately). Also known as penta-bolts and 5-point screws, they are commonly used on water and gas valves. They are made from 18-8 stainless steel, which has good chemical resistance and may be mildly … truckee to reno bus
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WebThe system uses “min,” “max” and “critical” inventory levels to notify the local Fastenal branch when items need to be replenished. When an item falls below the min level, the Fastenal branch receives an email and/or text notification. The Fastenal representative then logs into the software and runs a replenishment report to view WebNov 18, 2024 · 24% of Fastenal employees are women, while 76% are men. The most common ethnicity at Fastenal is White (68%). 12% of Fastenal employees are Hispanic or Latino. 10% of Fastenal employees are Black or African American. The average employee at Fastenal makes $48,020 per year. Fastenal employees are most likely to be … WebFastenal is the largest fastener distributor in North America. Shop our huge selection of OEM, MRO, construction, industrial, and safety products. truckee to san francisco