In the third quarter of 2024, Ace Hardware marked record revenues of $2.4 billion, an increase of 2.8% from the third quarter of 2023. Grilling, power tools and outdoor power equipment showed the largest gains. Net income hit $99 million, …
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PPG Reports Q3 Financials, Announces Segment Sale
During the third quarter of 2024, PPG reported $4,575 million in sales, a 1% increase year over year. Net income during Q3 hit $468 million, jumping 10% from Q3 2023, when it was $426 million. Total sales volume also increase …
Read More »Ace Hardware Shares Q2 2024 Financials
Ace Hardware released its financial report for Q2 2024 this week. The company reported second quarter 2024 revenues of $2.7 billion, an increase of $81.7 million, or 3.1%, from the second quarter of 2023. Net income was $114.4 million for …
Read More »Lowe’s Adjusts Year-End Projections Down in Q2 Report
Lowe’s Companies Inc. today reported net earnings of $2.4 billion for the second quarter ended Aug. 2, with total sales for the quarter down 5.6% year over year to $23.6 billion. Comparable sales for the quarter decreased 5.1% driven by …
Read More »Tractor Supply Reports Q2 Financials, Updates 2024 Financial Outlook
Tractor Supply Co. released its Q2 financials, announcing a 1.5% increase in net sales, totaling $4.25 billion. The increase in net sales was driven by new store openings, partially offset by the decline in comparable store sales. Comparable store sales …
Read More »Wholesaler Central: A Decade of Financial Innovation at Orgill
For Orgill’s finance department, the last 10 years have been a journey of calculated risks, strategic foresight and commitment to fiscal excellence. Spearheaded by Orgill’s chief financial officer Eric Divelbiss, alongside senior vice president of accounting Jodi Fontana and vice …
Read More »Ace Hardware Reports Increase in Q1 2024 Revenues
Ace Hardware Corp. reported first quarter 2024 revenues of $2.1 billion, an increase of $51.6 million, or 2.5%, from the first quarter of 2023. Increases were seen across many departments with outdoor power equipment, power tools and lawn and garden …
Read More »NRF Says Economic Growth Slows, Consumer Spending Persists
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the …
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