Ace Hardware today reported the company’s best first quarter for both revenues and net income in its 90-year history, it says. Total revenues were $1.1 billion for the first quarter of 2014, an increase of $155.5 million or 16.8 percent, …
Read More »Tag Archives: financials
Strong Farm, Pet, Ranch Sales Spur True Value’s First-Quarter Growth
True Value today reported revenue of $331.5 million for the quarter ending March 29, an increase of 6.0 percent or $18.9 million over the same period a year ago. Strong sales in the farm, ranch, auto and pet, seasonal, plumbing …
Read More »Report: U.S. Retail Sales Outpace GDP Growth in 2013
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 …
Read More »HR STOCK INDEX: February Markets Recover from January’s Slump
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 …
Read More »HR STOCK INDEX: The Year Starts Off with a Bang—But Not the Good Kind
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 …
Read More »Lowe’s Comp-Store Sales Up in Fourth Quarter
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. …
Read More »Home Depot’s Comp-Store Sales Up in Fourth Quarter
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 …
Read More »Ace Reports Record 2013 Sales, Profit Increases
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 …
Read More »
Hardware Retailing The Industry's Source for Insights and Information


