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Ace Hardware reported its Q4 2025 and full-year 2025 financial results, posting record Q4 revenues of $2.5 billion, a 9.9% increase year over year (YOY). Net income for Q4 was $44.2 million, a $9.6 million decrease YOY.
Fiscal year 2025 consisted of 53 weeks compared to 52 weeks in fiscal 2024. Excluding the 53rd week, revenues in the fourth quarter increased $107.3 million, or 4.7%, from the fourth quarter of 2024.
In the fourth quarter of 2024, the company recorded a $17.8 million gain on the sale of Ace’s former Retail Support Center (RSC) in Little Rock, Arkansas, that was partially offset by higher operating income in the fourth quarter of 2025.
Full-year revenues were $10 billion, a 5.8% increase of $552.2 million YOY. Net income for 2025 was $293.4 million, a $20.7 million decrease, caused by on-recurring asset impairment and shutdown charges.
“Comparable store growth of 0.7% from our hardware format stores accelerated new store growth, and a 27% increase within our digital business fueled a very encouraging 5.8% increase in revenue for the year, including the 53rd week,” says John Venhuizen, president and CEO. “With record revenue, record shareholder dividends and a 40% pre-tax return on shareholder equity, the Ace team is to be commended for the discipline, productivity and stewardship with which they managed our resources and opportunities.”
The approximately 3,900 Ace retailers who share daily retail sales data reported a 0.1% decrease in U.S. retail same-store sales during the fourth quarter of 2025, which was the result of a 1.9% decrease in same-store transactions; partially offset by a 1.8% increase in average ticket. For the full year, U.S. retail same-store sales increased 0.2%, which was the result of a 1.6% increase in average ticket; partially offset by a 1.3% decrease in same-store transactions.
