The Winona, Minnesota based wholesale distributor of industrial and construction supplies, announced 3Q25 earnings on October 13. Revenue grew 11.7% from prior year to $2.13 billion and gross margin grew 40 basis points to 45.3%. Revenue growth was driven by increases in customers and unit sales, especially in customers spending >$10k per month, and market share … [Read more...] about Fastenal – Strong Revenue Growth and 3 Consecutive Months of Double-Digit Organic Sales
insights
ISA State of the Channel Report launches at Fall Summit
One of the fun parts about working with and for the Industrial Supply Association is bringing together all the surveys, conversations, and channel knowledge into content and reports. We have been working on an annual State of the Channel Report for the Fall Summit this year. At the ISA Fall Summit, we are going to launch our New ISA State of the Channel Report in Memphis. … [Read more...] about ISA State of the Channel Report launches at Fall Summit
2026 Industrial Planning Season – Finance team leadership is crucial to great outcomes
Yesterday, I was writing a planning season column for a series that I am writing. I was multi-tasking and listening to an ISA webinar hosted by Brendan Breen and Mark Gilham from Enable titled Finance for Future Leaders. As I was writing and listening, I realized in my outline notes that I had not accounted enough on the role of Finance in Annual Planning Meetings. Your … [Read more...] about 2026 Industrial Planning Season – Finance team leadership is crucial to great outcomes
What can Industrial Leaders do to enhance their skill sets?
Last week I was traveling and speaking to key industrial channel leaders and one topic keeps coming up again and again from Manufacturers, Manufacturer Reps, and Distributors in the Channel. How do we retain future leaders in the industrial channel? It is hard to recruit and then retain talent in the industrial channel. So, when you make that investment as a Company or … [Read more...] about What can Industrial Leaders do to enhance their skill sets?
Gain Industry Insights. Participate in the Q3 Pulse of Industrial Supply Survey
Industrial Supply Trends is continuing our quarterly series of gaining marketplace insights and sharing it with you, helping you benchmark your performance. The Q3 Pulse of Industrial Supply survey is now open, until September 24th. Results will be shared the first week in October. We need input from distributors, manufacturers, and independent manufacturer … [Read more...] about Gain Industry Insights. Participate in the Q3 Pulse of Industrial Supply Survey
