Fastenal announced during its latest earnings call that digital sales made up 54% of its Q1 total sales.

 

Fastenal announced during its latest earnings call that digital sales made up 54% of its Q1 total sales.   The fastener distributor is advancing its ambitions to expand its digital operations. Fastenal aims for digital sales to constitute 65% of total sales later this year.  Digital sales form part of the company's larger effort to expand its digital footprint. The firm has been building out its e-commerce, inventory management, and other digital sales over the past year. CEO Dan Florness said that normalized supply chains have brought the firm back to pre-COVID levels of productivity.