Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion. “We had a strong quarter, continuing …
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Sherwin-Williams announced its third quarter financial results, reporting an increase of consolidated net sales by 0.7%. “Sherwin-Williams grew sales, expanded gross margin, increased EBITDA and adjusted diluted net income per share despite continued choppiness in the demand environment,” says Heidi Petz, Sherwin-Williams president …
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The only event bringing together all channels of the home improvement industry, the National Hardware Show (NHS) is the ultimate hardware and home improvement event. The 2025 National Hardware Show will take place March 18-20, 2025, in Las Vegas and …
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As the True Value bankruptcy and planned sale to Do it Best continues to move forward, with a scheduled closing date of Nov. 22, several industry wholesalers have reached out publicly to offer support to True Value retailers and court …
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Total outstanding U.S. consumer debt stood at $5.10 trillion for the third quarter of 2024, increasing at an annualized rate of 3.28%, according to the Federal Reserve’s G.19 Consumer Credit Report. Consumer debt has slowed over the past two years, …
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In the third quarter of 2024, Ace Hardware marked record revenues of $2.4 billion, an increase of 2.8% from the third quarter of 2023. Grilling, power tools and outdoor power equipment showed the largest gains. Net income hit $99 million, …
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(Disclosure: NHPA, which publishes Hardware Retailing and Paint & Decorating Retailer magazines, is among the vendors involved in theTrue Value bankruptcy claims.) As the True Value Company LLC bankruptcy and sale to Do it Best continues to move forward, several …
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The Merit Distribution Group LLC announced the promotion of its current president, Geff Lynch, to CEO. Lynch will now be responsible for all aspects of Lancaster’s paint sundry distribution operation and the EJ Welch flooring businesses. A 38-year plus industry …
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