Fastenal delivered a robust Q1, driven by strategic customer expansion and digital transformation, with 12.4% daily sales growth and margin improvement despite a moderate manufacturing environment.

• Achieved 12.4% daily sales growth, marking the third consecutive quarter of double-digit expansion, supported by strong customer site engagement and targeted service enhancements.
• Contract count increased nearly 8% to over 3,600, with 75% of sales now stemming from these deeply embedded national accounts.
• International sales accelerated nearly 24%, highlighting momentum in Europe and Asia as global expansion gains traction.
• Digital sales channels grew 13.6%, now representing 61.5% of total sales, with FMI device agreements up 8% and nearly half of Q1 sales managed through these solutions.
• Operating margin improved to 20.3%, reflecting disciplined cost management and leverage of operational efficiencies amid continued strategic investments.