Some March Industrial Data
As a follow-up to my post last week on Fastenal, the company reported results. The crucial month of March saw daily sales of $21.5 million, up 0.2% from year ago results. Fasteners were down 10.1% for the month but Safety equipment (PPE) soared 31.0%. Of note, the company stated that "approximately 120 of 1,136 North American Onsite locations were closed on March 31 because customer was closed".