Tag Archives: financials

The NRHA’s Annual Cost of Doing Business Study is now available to members. This annual study provides detailed financial information from hardware stores, home centers and lumber/building material outlets. The tables contained in this report are designed to provide comprehensive, …

According to a recent article by Realtor Mag, an improving economy appears to be leading towards a better housing market. The article explains that while income is lower than in 2007, from 2012 to 2013, there was a 1.1 percent …

The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a …

Home Depot announced second quarter results, with comparable store sales in the positive numbers, up 5.8 percent across the entire company, and positive 6.4 percent across U.S. stores. In the second quarter of fiscal 2014, sales were reported at $23.8 …

On August 20, Lowe’s announced second quarter fiscal 2014 results. Although comparable sales were up 4.4 percent for the quarter, the home improvement chain scaled back on full-year financial targets. Sales for the second quarter increased 5.7 percent to $16.6 …

Ace Hardware reported total revenues of $1.33 billion for the second quarter of 2014, an increase of $157.0 million, or 13.4 percent, from the second quarter of 2013. Net income was $66.5 million for the second quarter of 2014, an …

Lifetime Brands, owner of housewares brands including Farberware and KitchenAid, reported Q2 sales of $115.3 million, up 18.9 percent from a year ago. So far this year, the company has acquired U.K.-based Kitchen Craft and La Cafetiere, as well as …

True Value Company reported gross billings of $568.0 million for the quarter ending June 28, 2014, up 4.6 percent or $25.1 million from $542.9 million for the same period a year ago. Revenue was $429.5 million, an increase of 4.5 …