Two big boxes and two of the major home improvement cooperatives released third-quarter results last week, and sales were up across the board. Read the following articles for details on the financial performance of each of these home improvement businesses: Ace Hardware …
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Ace Hardware Corp. today reported double-digit growth in revenue and net profits in the third quarter of 2015. Revenue was $1.3 billion, an increase of 13.2 percent from the third quarter of 2014. Net income for the quarter was $54.2 million, an increase of …
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True Value Company announced its third-quarter results this week, reporting revenue and same-store sales growth. The co-op’s revenue was $365.5 million for the quarter, an increase of 4.2 percent from the same period in 2014. Destination True Value comparable store sales …
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Lowe’s Companies, Inc., saw sales increases for the third quarter of 2015, and expects to end the fiscal year on a growth pattern. In quarter three, the company’s sales grew to $14.4 billion, an increase of 5 percent over the same period a year …
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The Home Depot today reported sales increases in the third quarter and expectations of overall sales growth for fiscal year 2015. The quarter’s $21.8 billion in sales represented a 6.4 percent rise compared to the same period in 2014. In addition, comparable store sales in …
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House-Hasson Hardware’s acquisition of Long-Lewis Hardware has brought key changes to both companies. House-Hasson has received a new regional manager; 10 new sales staff members; and 150, 18-wheeler truckloads of merchandise placed on warehouse shelves to sell. “This was an …
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Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …
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Benchmarking and measuring your store’s performance against industry averages are vital to keeping your store competitive and on a continuous growth track. One of the industry’s best tools for benchmarking is the North American Retail Hardware Association’s Cost of Doing Business Study. This …
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