02:55 PM EDT, 09/05/2025 (MT Newswires) -- Fastenal ( FAST ) shares fell more than 4% in recent Friday trading after the industrial and construction supplies distributor reported a slowdown in its August daily sales growth compared to July.

The company reported lower net sales of $696.7 million in August compared to July's $715.0 million.

Daily sales rose 11.8% year over year to $33.2 million in August, easing from July's 12.8% growth rate.

By segment, heavy manufacturing sales growth slowed to 11.7% from 13.6% in July, while other manufacturing growth moderated to 12.5% from 14.2%, it added.

Non-residential construction sales improved to 11.5% from 5%, while growth in other end markets slowed to 10.3% from 11.2% in July.

Price: 48.07, Change: -2.20, Percent Change: -4.38