Tag Archives: financials

Total retail sales in the U.S. reached more than $4.5 trillion in 2013, and e-commerce accounted for a large part of that growth, up 16.9 percent in 2013, according to market research firm eMarketer. Total retail sales are leading economic …

Despite ups and downs in housing-related stocks due to severe winter weather patterns across much of the country, the Hardware Retailing Stock Index handily recovered from January’s downturn, adding 69.25 points, or 5.72 percent, to close at 1280.65, outperforming all …

After a robust and record-setting 2013, markets headed south in January. Stocks tanked when emerging markets fell overseas: A preliminary survey of a purchasing managers’ index of Chinese manufacturing dropped to 49.6, the lowest reading since July. Consumer sentiment dipped …

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. …

Home Depot reported increases in comp-store sales spurred by the recovering housing market. Comparable store sales for the fourth quarter of fiscal 2013 increased 4.4 percent, and comp sales for U.S. stores were positive 4.9 percent. Total sales for the …

Ace Hardware reported total fiscal 2013 revenues of $4.2 billion, an increase of $313.3 million or 8.2 percent. Net income was $104.5 million for fiscal 2013, an increase of $22.7 million or 27.8 percent, compared to $81.8 million in fiscal …

Canadian home improvement retailer RONA Inc. reported a decline in same-store sales and revenues in the fourth quarter 2013 and fiscal 2013 overall, a result of the “closure of the company’s underperforming stores and the difficult market conditions throughout the …

Post-Thanksgiving doldrums had Wall Street worried for the good first half of December. As the trading session ended Dec. 31, 2013, markets turned positive as uncertainty was tempered with action from the Federal Reserve. The Hardware Retailing Stock Index gained …