Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …
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An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …
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The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …
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Earlier this week, True Value Company reported gross billings of $494.0 million for the quarter ending April 4, up 7.4 percent or $33.9 million from the same period a year ago. Revenue was $353.8 million, an increase of 6.7 percent …
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Tractor Supply Co. experienced year-over-year increases in sales and income for its first quarter of 2015. Net sales were $1.33 billion, an increase of nearly 13 percent over first-quarter 2014. The company’s net income grew by approximately 19 percent, reaching …
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The Home Depot, the world’s largest home center chain, ended 2014 with sales of more than $83 billion — growth that reflects changes to the company’s business strategies. For example, the 2014 comp-store sales increase of 5.3 percent shows the results of Home Depot’s rededication …
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Consumers who were victims of the Target data breach of 2013 may soon receive compensation for any financial losses they faced. On Thursday, March 19, a judge gave the preliminary approval for a $10 million settlement of a lawsuit filed by customers of Target, …
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Overall, hardware stores excelled in 2013. According to North American Retail Hardware Association’s 2014 Cost of Doing Business Study, hardware stores reporting prior-year’s sales saw a 2.54 percent increase in same-store sales growth. As defined in the study, hardware stores …
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