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Tag Archives: financials

Lowe’s Reports Second Quarter Results

Lowe’s Companies, Inc. released second quarter sales and earnings results this week. The big box reported sales for the second quarter increased 4.5 percent to $17.3 billion from $16.6 billion in the second quarter of 2014. Comparable sales increased 4.3 percent. …

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Ace Hardware Experiences Growth in Q2

Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …

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Home Depot’s Sales Rise in Q2

The Home Depot today reported sales growth for the second quarter of 2015. The retailer had sales of $24.8 billion, for a 4.3 percent increase above the second quarter of fiscal 2014. Comparable U.S. store sales for the second quarter of …

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True Value’s Revenue and Sales Increase in Q2

True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …

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Retail Sales Up for Building Materials, Garden Supplies

U.S. retail and food sales in July increased from June, and building material and garden supply dealers saw sales increase by 0.7 percent in that time, according to estimates from the U.S. Census Bureau. Overall retail trade sales were up 0.6 percent from …

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Ace Hardware Ranks in Top 25 of Fast-Growing Retailers

Ace Hardware is in the top 25 percent of fastest-growing retailers in the U.S.,  according to the National Retail Federation. Ace, which is headquartered in Oak Brook, Illinois, ranked No. 24 for year-over-year domestic sales growth on the Hot 100 Retailers 2015 list, which the retail trade association …

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Orgill’s Canada Operation to Purchase Chalifour

Distribution Center

Canada’s TIM-BR MART Group has announced the sale of the hardlines assets of its distribution arm, Chalifour Canada Ltd., to Orgill Canada Hardlines, ULC, a wholly owned, Canadian-based subsidiary of Orgill, Inc. “The strategic alliance resulting from this transaction will …

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CNRG Buys 28-Unit Marvin’s Building Centers

In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain. Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and …

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