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Ace Hardware Announces Third Quarter Results

Ace Hardware Corporation today reported total revenues of $1.13 billion for the third quarter of 2014, an increase of $94.6 million or 9.1 percent, from the third quarter of 2013. Net income was $37.3 million for the third quarter of 2014, an increase of $2.9 million or 8.4 percent from the third quarter of 2013.

According to the company press release, 3,000 Ace retailers who share daily retail POS data increased customer count and average transaction size, which the company contributes to a 3.7 percent same-store-sales increase. For the first nine months of 2014, same-store-sales at these stores were up 4.1 percent.

To read the full press release, click here.

About Renee Changnon

Renee Changnon is the retail outreach coordinator for NRHA. She meets with retailers in their stores and at industry events and introduces them to the services NRHA provides. Renee previously worked as a member of the NRHA communications team. She earned a degree in visual journalism from Illinois State University, where she served as the features editor for the school newspaper. After college, she implemented marketing and promotions initiatives at Jimmy John’s franchise locations across the country. She enjoys exploring books with her book club, Netflix marathons and hosting goat yoga at her apartment complex. Renee Changnon 317-275-9442 rchangnon@nrha.org

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