Top #3 Competitors
1. W.W Grainger
2. MSC Industrial Direct Co.
3. HD Supply Holdings, Inc.
1. W.W Grainger
2. MSC Industrial Direct Co.
3. HD Supply Holdings, Inc.
When analyzing Fastenal's main competitors, their main competitor is W.W Grainger in first place, but coming in a close second is MSC Industrial Direct co. All of these companies are competing industrial suppliers in the market, with Grainger taking the # 1 spot, with Fastenal in # 2.
It is important to take into perspective the quarterly revenue growth, with Fastenal being # 2 in growth, yet leading the industry in overall gross margin.
It is important to take into perspective the quarterly revenue growth, with Fastenal being # 2 in growth, yet leading the industry in overall gross margin.