QXO Inc. has released its financial results for the second quarter of 2026, reporting net sales of $3.25 billion for the quarter, up from $1.91 billion in the second quarter of 2025. “Our second-quarter results reflect current market conditions and …
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Inflation Eases for Second Consecutive Month in July
Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …
Read More »Canadian Tire Reports 0.7% Comparable Sales Growth in Q2 2026
Canadian Tire Corporation announced its second quarter 2026 financial results, reporting a 0.7% increase in consolidated comparable sales and 6.3% growth on a two-year stack basis. SportChek led the company’s retail banners, with comparable sales increasing 8.0% and 12.4% on …
Read More »McCoy’s Building Supply Begins Construction on New Retail Location
McCoy’s Building Supply recently announced it broke ground and began construction on a retail location near Canyon Lake, Texas. Located in the Mystic Shores community, the store will be McCoy’s 86th location. “I am excited for McCoy’s to become part …
Read More »Do it Best Group Announces New Partnership With Epicor
Do it Best Group recently announced a new technology services partnership with Epicor designed to give its member-owners access to a right-sized point-of-sale platform backed by greater support from the co-op. Built around Epicor Propello’s cloud-based platform, the new offering …
Read More »Ace Hardware Revenues Hit $3 Billion for Q2 2026
For the second quarter of 2026, Ace Hardware Corporation reported revenues of $3 billion, an increase of $165.8 million, or 5.9%, from the second quarter of 2025. Net income was $155.6 million for the second quarter of 2026, an increase …
Read More »Home Depot CEO Takes Temporary Medical Leave, Company Announces Interim Management Plan
The Home Depot has announced that chair, president and CEO Ted Decker will take a temporary medical leave of absence, expecting him to return within the next few months. The board of directors, in alignment with Decker’s recommendation, has chosen …
Read More »SRS Distribution Inc. Announces Acquisition of Lohmiller & Company
SRS Distribution Inc. announced it has entered into a definitive agreement to acquire Lohmiller & Company, a wholesale distributor of HVAC equipment serving customers through four locations in Colorado. The terms of the agreement were not disclosed. Headquartered in Denver, …
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