Owning a local business is about much more than making a sale. As an owner, your business is a deeply ingrained and even personal part of your life. While that passion sets your business apart, it can also cause problems when …
Read More »Tag Archives: financials
Sears Is Getting Back in the Paint Business
After four years’ absence from the market, Sears has decided to go back to selling paint. The company announced the plan earlier this week, shortly after reporting a drop in net sales in the second quarter, according to an article from …
Read More »Quarterly Earnings Up for Big Boxes, Ace
The Home Depot, Lowe’s and Ace Hardware each recently released their quarterly earnings reports for the second quarter of 2016, and all three showed sales growth. Ace Hardware Corp. reported both revenue and net income growth, posting the second highest net income …
Read More »Lowe’s Q2 Earnings Show Growth
Lowe’s on Aug. 17 reported earnings and sales growth for the second quarter of 2016. The company’s net earnings rose 3.7 percent above the same period a year ago, reaching $1.2 billion for the quarter that ended July 29. Sales …
Read More »Ace Hardware Reports Income Growth in Q2
Ace Hardware Corp. today reported both revenue and net income growth for the second quarter of 2016. The home improvement co-op’s second-quarter 2016 revenues were $1.4 billion, a 0.6 percent increase from the second quarter of 2015. Net income for the period was …
Read More »Home Depot Reports Strong Quarterly Sales
The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …
Read More »True Value Reports Growing Sales in Q2
This week, True Value Company announced its second quarter results for fiscal 2016, with gross billings of $585.1 million, up 2 percent or $11.4 million from the same period a year ago. The company also reported revenue of $438.7 million, …
Read More »Do it Best Surpasses $3 Billion in Sales
Do it Best Corp. recently announced it surpassed $3 billion in total sales for its 2016 fiscal year. Sales for the year, which ended June 25, totaled $3.02 billion, up from $2.99 billion for fiscal year 2015, according to the Fort …
Read More »