Ace Hardware Corporation reported record Q4 2022 revenues of $2.2 billion, an increase of $124.5 million or 6% from the fourth quarter of 2021. Net loss was $4.6 million for the fourth quarter of 2022, a decrease of $13.9 million …
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Sunshine Ace Hardware Garners Local Award for 20th Consecutive Year
As Residents and business owners of Catalina Island, located off the southern coast of California, Mike Cassidy and his wife Cinde MacGugan-Cassidy are familiar with water restrictions and the toll they can take on residents and businesses. When Mike and …
Read More »Ace Ranked as One of Top 10 Franchises in the World for 2023
Ace Hardware earned another industry recognition, being named as one of the leading franchise opportunities based on its retailer support, yearly sales growth and strong brand recognition. The company secured a spot in the Top 10 franchise business opportunities in …
Read More »Industry Insights: Forward Thinking With John Venhuizen
What were some challenges in 2022 and how did Ace address them? Inflation is a beast and the “tools” to tackle it—Federal Reserve tightening and interest rate hikes—are all designed toward demand degradation. In uncertain times like these, the natural …
Read More »Rocky’s Ace Hardware is a Retail Hall of Fame Inductee
Rocky’s Ace Hardware, one of the country’s largest family-owned Ace Hardware dealers, was recently honored with the Award of Excellence in Retail by the Retailers Association of Massachusetts (RAM) and inducted into the Retail Hall of Fame. Recipients are nominated by …
Read More »Ace Hardware Reports Record Online Sales Over Thanksgiving Weekend
Ace Hardware logged record online sales over the peak five-day holiday shopping weekend from Thanksgiving through Cyber Monday. Ace Hardware saw record single-day online sales on both Black Friday and Cyber Monday, fueled by strong demand for grills and smokers, …
Read More »Ace No. 2 in Top 100 Omnichannel Retailers Report
Total Retailer released its sixth annual Top 100 Omnichannel Retailers report, recognizing leading retailers and brands based on omnichannel criteria, including digital and physical channels that offer consumers the best, most seamless shopping experience between both channels. Ace Hardware was …
Read More »Ace Hardware Reports Q3 2022 Results
Ace Hardware Corp. reported record third-quarter 2022 revenues of $2.2 billion, an increase of $203.2 million from the third quarter of 2021. Net income was $100.6 million for the third quarter of 2022, an increase of $1.3 million from the …
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