Fastenal sales for October, 2016 totaled $335,286,000 compared to $337,980,000 in 2015, representing an decrease of 0.8 percent, the company reported. The company estimated that Hurricane Matthew negatively impacted October 2016 daily sales growth by 70 bps – 90 bps.
There was one less business day in October 2016. Daily sales increased 3.9 percent compared to October 2015.
Daily sales growth by end market for manufacturing has increased 3.5 percent in 2016, compared to a -0.7 percent decrease in 2015.
Non-residential construction daily sales have increased 0.4 percent in 2016, compared to a -4.7 percent decrease in 2015.
Fastener daily sales have decreased -0.2 percent in 2016, compared to a -6.0 percent decrease in 2015.
Daily sales of other products have increased 6.4 percent in 2016, compared to a 3.1 percent increase in 2015.
Year to date, Fastenal is operating 2,548 stores in 2016, compared to 2,626 in 2015.