Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …
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True Value’s 2017 Financials Show Slight Revenue Decline
True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …
Read More »Sears Continues to See Dropping Sales and Revenue
Sears Holdings’ year-end financial results for 2017 reflect falling sales and revenue, continuing a pattern of dipping numbers for the retailer. Revenue for the company was $16.7 billion for the year, down from $22.1 billion in 2016, according to the …
Read More »Participate in the 2018 Cost of Doing Business Study
The deadline to participate in the North American Retail Hardware Association’s (NRHA) 2018 Cost of Doing Business Study is June 30. Is your average transaction size normal? Do you spend more or less on advertising than other independent home improvement businesses? …
Read More »Lowe’s Financial Results Reveal $68B in 2017 Sales
Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter …
Read More »Home Depot Sees Sales and Earnings Increase in 2017
The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …
Read More »Revenues, Same-Store Sales Up for Ace Hardware
Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
Read More »Sears Layoffs Hit Corporate Workers
Sears recently laid off more than 200 corporate workers as part of “ongoing restructuring,” according to the Chicago Tribune. The layoffs “affected various business units and roles across the organization,” a Sears spokesman says in the Chicago Tribune article from Jan. 31. Sears …
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