Hardware Retailing The Industry's Source for Insights and Information
For the second quarter of 2025, Ace Hardware marked revenues of $2.8 billion, an increase of $105.8 million, or 3.9%, from the second quarter of 2024. Increases were seen across most departments with lawn and garden, grilling, impulse and outdoor power equipment showing the largest gains.The approximately 4,000 Ace retailers who share daily retail sales data reported a 0.8% decrease in U.S. retail same-store-sales during the second quarter of 2025, which was the result of a 2.1% decrease in same-store transactions; partially offset by a 1.3% increase in average ticket. Excluding lumber and building material stores, Ace stores in the traditional hardware format experienced a 0.4% decline in same-store-sales.
Net income was $119.1 million for the second quarter of 2025, an increase of $4.7 million from the second quarter of 2024.
“In a macro-environment that has confounded and humbled even the best retailers, I’m delighted to report a 3.9% increase in revenue, a 4.1% jump in net income and an 18.1% surge in our digital business,” says John Venhuizen, president and CEO. “I’d like to thank the Ace team for serving with dignity, decency, character and class. They really do make Ace the helpful place.”
Ace added 38 new domestic stores in the second quarter of 2025 and cancelled 20 stores. This brought the company’s total domestic store count to 5,195 at the end of the second quarter of 2025, an increase of 111 stores from the second quarter of 2024. It opened its 100th store of the year last week.
