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At Fastenal, ecommerce returns to its pre-COVID share of total sales

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At Fastenal, ecommerce returns to its pre-COVID share of total sales

After the pandemic caused a decline in electronic and total orders during its second quarter, the multibillion-dollar distributor of industrial and construction supplies saw its ecommerce orders jump back to more than 10% of sales for the third quarter as Fastenal's market showed signs of “healing itself,” CEO Dan Florness said last week. Fastenal Co. said its third-quarter sales rebounded to reach its pre-COVID share of more than 10% of total sales.

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At Fastenal, ecommerce returns to its pre-COVID share of total sales

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At Fastenal, ecommerce returns to its pre-COVID share of total sales

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