FAST - Fastenal reaches $1B sales outside the U.S.
- Fastenal's ( NASDAQ: FAST ) international (non-United States) business has grown to include sales, service, and support teams in 25 countries spanning the Americas, Europe, and Asia.
- In 2022, these teams achieved a milestone with $1B in annual sales .
- The $1B international sales milestone caps a decade of consistently strong growth. From 2012 to 2022, company’s international revenues more than tripled.
- The company currently has a market cap of ~$27.6B and stock price has dropped about 18% over a year .
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Fastenal reaches $1B sales outside the U.S.