Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
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The Home Depot Records Strong Q4 2024
Home Depot recently released its fourth quarter 2024 and fiscal 2024 financial data. Q4 2024 Sales for the fourth quarter of fiscal 2024 were $39.7 billion, a $4.9 billion or 14.1% increase year over year. Comparable sales also increased 0.8% …
Read More »Home Depot Expands in Savannah
The Home Depot announced the acquisition of a 1.4 million-square-foot distribution center (DC) in Savannah, Georgia. The Savannah DC will employ around 250 associates and will support hundreds of Home Depot stores, as well as hurricane relief during times of …
Read More »Home Depot Partners With DoorDash, Uber Eats
The Home Depot has announced partnerships with both DoorDash and Uber Eats to provide on-demand delivery from 2,000 stores nationwide. “We’re excited to partner with The Home Depot to give DIY and pro customers immediate access to the home improvement …
Read More »Big-Box Retailers Adjust Store Hours for the Holidays
As over 180 million people are planning their in-store shopping during the Thanksgiving holiday weekend, some big-box retailers have changed their store hours, causing confusing for some shoppers. Hardware Retailing has compiled a list of some of the nation’s largest …
Read More »Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »2 Hardware Companies Named to Time Magazine World’s Best Companies of 2024 List
Multiple companies that have significant stakes in the independent home improvement industry made the Time magazine World’s Best Companies of 2024 list, being named alongside some of the largest, most influential companies across the globe. The list is a comprehensive …
Read More »Comparable Sales Down for Home Depot in Q2, Overall Sales Up Slightly
The Home Depot® reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), …
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