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Tag Archives: financials

Amazon Becomes Second Company Valued at $1 Trillion

amazon

Amazon’s value recently reached a new height, with increased stock prices making the retailer a $1 trillion company. The e-commerce giant is the second American company to achieve a $1 trillion value, hitting that milestone after Apple in August, The ... Read More »

Ace Hardware, Lowe’s Release Q2 Financial Results

Q2 financial results

Ace Hardware Corp. and Lowe’s both recently released their second-quarter 2018 financial results. Earnings were up for both companies, but dive into their separate reports to get the full story on how these home improvement companies are faring at the ... Read More »

Ace Hardware Reports Revenue and Sales Increases for Second Quarter

Ace Hardware

Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op ... Read More »

Lowe’s Reports Q2 Sales, Names New CFO

Lowe's

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. ... Read More »

Home Depot Q2 Earnings Show Higher Sales, Increase in Online Shopping

Home Depot Q2 Earnings

The Home Depot today announced its second-quarter 2018 financial results, citing sales increases due to a boost in activity among DIYers and contractors. The big-box home improvement chain earned $30.5 billion in sales during the second quarter of fiscal 2018, which ... Read More »

Consumer Spending on Retail Increased in June

consumer spending

The U.S. Department of Commerce announced that consumer spending on retail sales, which includes spending at stores, websites and restaurants, rose 0.5 percent in June from May’s figure, The Wall Street Journal reports. Consumer spending, contributes more than two-thirds to ... Read More »

Sears Hometown to Close Up to 100 Stores

sears hometown

Sears Hometown and Outlet Stores Inc. will close up to 100 of its 882 stores, the company announced in its first-quarter 2018 financial results. Sears Hometown and Outlet Stores is a Sears spinoff company that mainly sells appliances, hardware, tools ... Read More »

5 Financial Points You Should Be Watching

When it comes to the financial side of your business, are you paying close attention to the metrics that have a large impact on your bottom line? Below are five ways participating in the North American Retail Hardware Association’s (NRHA) ... Read More »