Fastenal Co. reported fastener sales jumped 9.5% to $213.9 million (30.5% of overall sales) in June, capping off a strong quarter.

Fastener sales in Q2 grew 6.6% to $634.4 million, the company’s second consecutive quarter of growth for fasteners since the first quarter of 2023. Results were driven by an 8.4% increase in OEM fastener sales to $403.5 million. MRO fastener sales gained 3.4% to $230.9 million.

“The fastener category experienced improved growth in the second quarter of 2025… driven by easier comparisons, increased contribution from large customer signings, better product availability in our distribution centers, and pricing actions implemented” in Q2, the company stated.

Since mid-2024, Fastenal has widened its fastener inventory, adding “a lot more MRO fastener business” to its inventory. This helped Q2 margins to improve, “driven by price/cost being slightly favorable, margin on fastener sales improving due to the fastener expansion project and improvements related to other supplier-focused initiatives.”

U.S. tariffs continue to alter supply chains, CEO Daniel Florness explained.

“As we move through 2025, we’ve been redirecting more and more product to come directly into Canada where the economics justify it… primarily on the fastener side. And the same thing in Mexico.”

“That said, supply chains have gotten more expensive and a part of our response over time will be incremental pricing.”

Net sales in Q2 grew 8.6% to $2.08 billion, largely due to improved customer contract signings over the past six quarters. Net income increased 12.8% to $330.3 million.

Six-month net sales rose 6% to $4.04 billion, while net income gained 6.5% to $628.9 million.