Last month Fastenal reported sales of $751.5 million, putting them on track for around $9 billion (or slightly more at their growth rate) at the end of the year. May’s corporate sales were up nearly 15%. Looking at it from customer market perspective: From a customer base perspective, sales to OEM customers were up 16% and MRO sales increased 14.5%. Fastenal … [Read more...] about Fastenal’s May Outperforms. The Market?
Industry News
Byrnes Retires from Impactful Career at NetPlus, Leadership Promotions
NetPlus Alliance, the industry buying group with over 400 distributor members, shared a recent press release announcing the retirement of Paul Byrnes and some recent promotions. The NetPlus Headline And the Story After 12 years as a trusted leader at the helm of NetPlus Alliance’s business development team, Paul Byrnes is set to retire in June of 2026. Byrnes is … [Read more...] about Byrnes Retires from Impactful Career at NetPlus, Leadership Promotions
Stanley Black Decker Industrial Channel: Q1 2026 Read
Stanley Black Decker Q1 2026 results landed this week. For the Stanley Black Decker industrial channel, the more useful read is what sits underneath the headline numbers. Total revenue was up 3% to $3.8 billion, organic revenue was flat, adjusted gross margin held at 30.2%, and adjusted EPS landed at $0.80. Those are the financials. The channel signals are where the article … [Read more...] about Stanley Black Decker Industrial Channel: Q1 2026 Read
Fastenal Q1 2026: Strong Growth, Tightening Margins
Fastenal Q1 2026 results put the Winona, Minnesota-based industrial distributor at $2.2 billion in quarterly revenue, up 12.4% year over year. The headline is clean. What sits underneath it is worth unpacking for anyone tracking how the industrial distribution channel is absorbing cost pressure, managing customer mix, and investing in technology to hold position. Revenue … [Read more...] about Fastenal Q1 2026: Strong Growth, Tightening Margins
