{"id":8770,"date":"2017-02-09T09:38:19","date_gmt":"2017-02-09T09:38:19","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=8770"},"modified":"2017-02-09T09:38:19","modified_gmt":"2017-02-09T09:38:19","slug":"csg-snapshot-fastenal-company","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2017\/02\/csg-snapshot-fastenal-company\/","title":{"rendered":"CSG Snapshot: Fastenal Company"},"content":{"rendered":"<p><strong><img decoding=\"async\" src=\"http:\/\/www.chainstoreguide.com\/email\/glance_fastenel_2017.jpg\" alt=\"\" name=\"Cont_0\" width=\"240\" align=\"right\" border=\"0\" \/><\/strong>2001 Theurer Blvd.<br \/>\nWinona, MN 55987<br \/>\n(507) 454-5374<a href=\"http:\/\/www.fastenal.com\" target=\"_blank\"><br \/>\nfastenal.com<\/a><\/p>\n<p><strong>Total Stores<\/strong><br \/>\n2,503<\/p>\n<p><strong>Total Sales<\/strong><br \/>\n$3.96 billion<\/p>\n<p><strong>Year Founded<\/strong><br \/>\n1961<\/p>\n<p><strong>Trading Areas<\/strong><br \/>\nAK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY, AB, BC, MB, NB, NS, NT, ON, PE, QC, SK, YT<\/p>\n<p><strong>Senior Executives<\/strong><br \/>\nChairman: Willard Oberton<br \/>\nPresident and CEO: Daniel Florness<br \/>\nCFO: Holden Lewis<strong><br \/>\n<\/strong><\/p>\n<h3><strong><span style=\"color: #3a64ae;\">SNAP<\/span><span style=\"color: #808080;\">FORWARD<\/span><\/strong><\/h3>\n<p>Fastenal\u2019s Fiscal 2016 (ended 12.31.16) results are in, and the good news is that the company recorded another year of record sales at $3.96 billion. However, leadership wasn\u2019t ready to break out the champagne. That $3.96 billion represented a second straight year in which the rate of growth slowed \u2013 to 2.4% versus 3.6% in 2015 and 12.2% in 2014. In addition, the company ended the year with 119 less stores than it had on January 1st, and it cut 7% of its workforce over the course of the year. Back to better news. Fastenal ended 2016 with a relatively strong Q4 and net sales in January 2017 were up 9% year-over-year. <strong>Chain Store Guide<\/strong> sees continued revenue growth for 2017 in line with the 2015 and 2016 rates.<\/p>\n<p><img decoding=\"async\" style=\"max-width: 100%;\" src=\"http:\/\/www.chainstoreguide.com\/email\/fastenel_snapshot2017.jpg\" alt=\"del frisco's\" width=\"454\" \/><\/p>\n<p>If Fastenal is on your call sheet, partner with us. Our <a href=\"http:\/\/www.chainstoreguide.com\/c-89-hardware-home-center-leads.aspx\" target=\"_blank\">Home Center Operators &amp; Hardware Chains PLUS<\/a> database currently contains a complete-contact-information fill rate of greater than 88% for 27 Fastenal decision makers. In addition, Chain Store Guide provides clients and customers with access to another 14,000+ hardware industry personnel with contact information that\u2019s verified by our in-house call-center team.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2001 Theurer Blvd. Winona, MN 55987 (507) 454-5374 fastenal.com Total Stores 2,503 Total Sales $3.96 billion Year Founded 1961 Trading Areas AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV,&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2017\/02\/csg-snapshot-fastenal-company\/\">Continue reading <span class=\"screen-reader-text\">CSG Snapshot: Fastenal Company<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15],"class_list":["post-8770","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/8770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=8770"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/8770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=8770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=8770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=8770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}