After confirming record-breaking fiscal year 2020 financial results, Ace Hardware is continuing to reach new heights by posting record first-quarter revenues in 2021. Total revenue for the company hit $2 billion, a 42 percent increase from the first quarter of …
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Lowe’s Q1 2021 Sales Reach $24.4B
After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …
Read More »Walmart Q1 2021 Revenue Reaches $138.3B
Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …
Read More »Understanding New DIY Shopping Preferences
Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …
Read More »Tractor Supply Co. Reports $2.8B in Q1 2021 Sales
Tractor Supply Co. is reporting $2.8 billion in first-quarter sales, a 42.5 percent jump from the same period in 2020. Previously, the company reported $2.8 billion in fourth-quarter 2020 sales and net sales of $10.6 billion for the year. In …
Read More »5 Social Media Marketing Myths to Bust in 2021
While many retailers were already successfully using social media as part of their marketing strategy, the COVID-19 pandemic shed new light on the importance of having an online presence for any retailer, no matter the industry. Shoppers are using social …
Read More »Amazon Reports Q4 Net Sales of $126B, Departure of CEO Bezos
E-commerce giant Amazon reported its fourth-quarter 2020 financial results, confirming net sales of $126 billion, the first quarter in which the retailer has surpassed $100 billion. In total, the fourth-quarter revenue stands 44 percent above the same period in 2019, …
Read More »Tractor Supply Co. Achieves Record Sales, Earnings in 2020
Tractor Supply Co. has reported record sales and earnings for fiscal year 2020, as well as strong performance in the fourth quarter of 2020. In total, Tractor Supply earned $2.8 billion in net sales for the final quarter of 2020, …
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