After three quarters in its fiscal year, Do it Best reported total sales of more than $3.2 billion, a decrease of 7.2% over the same period during the prior year. The co-op attributed the decline to an increase in interest …
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Lowe’s Reports $27.6B in Q2 2021 Sales
Lowe’s has announced its second-quarter 2021 financial results, confirming $27.6 billion in net sales for the period. The figure represents a 1.1 percent increase over the same period in 2020. The company reported net earnings of $3 billion, a 7 …
Read More »Home Depot’s Q2 2021 Sales Reach $41B
Big-box home improvement chain Home Depot announced $41.1 billion in second-quarter 2021 sales, an 8.1 percent increase from the same period in 2020. The second-quarter sales represent record quarterly sales for the company. Comparable sales for the company increased 4.5 …
Read More »Ace Hardware Posts Record Q1 Financial Results
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 …
Read More »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 »Home Depot Q1 2021 Sales Hit $37.5B
After reporting $130 billion in fiscal year 2020 sales, big-box home improvement chain Home Depot is reporting $37.5 billion in first-quarter 2021 sales. The first-quarter sales total is an increase of roughly $9.2 billion, or 32.7 percent from the same …
Read More »On the Web: May 2021
There’s much more to discover from the May 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.
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