Fastenal Co (WBO:FAST) Change in Same Store Sales % : 0.00% (As of . 20)

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What is Fastenal Co Change in Same Store Sales %?

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.

The historical rank and industry rank for Fastenal Co's Change in Same Store Sales % or its related term are showing as below:

WBO:FAST's Change in Same Store Sales % is not ranked ^*
in the Industrial Distribution industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

Fastenal Co Change in Same Store Sales % Historical Data

The historical data trend for Fastenal Co's Change in Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fastenal Co Change in Same Store Sales % Chart

Fastenal Co (WBO:FAST) Change in Same Store Sales % Explanation

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.

Fastenal Co Change in Same Store Sales % Related Terms

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Fastenal Co (WBO:FAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (WBO:FAST) » Definitions » Change in Same Store Sales %

Comparable Companies

Traded in Other Exchanges

FAST:USA FAS:Germany FASL34:Brazil

Address

2001 Theurer Boulevard, Winona, MN, USA, 55987-1500

Website

https://www.fastenal.com

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.