Hardware Retailing The Industry's Source for Insights and Information
The Home Depot, Lowe’s and Ace Hardware each recently released their quarterly earnings reports for the second quarter of 2016, and all three showed sales growth.
Ace Hardware Corp. reported both revenue and net income growth, posting the second highest net income for a quarter in the co-op’s history. Read the full story here.
The Home Depot hit record-high sales and net earnings in the second quarter of 2016. Read the full story here.
Lowe’s net earnings rose 3.7 percent above the same period a year ago, reaching $1.2 billion for the quarter that ended July 29. Read then full story here.
Other Results
Do it Best Corp. released its financials in July and True Value’s came out the first week of August.
