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 »Tag Archives: financials
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 …
Read More »Ace 2023 Revenues Down, Alongside Record Operating Income
Ace Hardware Corp. reported fourth quarter 2023 financials, which included revenues of $2.1 billion, a decrease of 3% from the fourth quarter of 2022. Net income was $0.5 million for the fourth quarter of 2023. Full-year revenues were $9.1 billion, …
Read More »Home Depot Announces Q3 Financials, Sales Down From 2022
The Home Depot today reported sales of $37.7 billion for the third quarter of fiscal 2023, a decrease of 3.0% from the third quarter of fiscal 2022. Comparable sales for the third quarter of fiscal 2023 decreased 3.1%, and comparable …
Read More »