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Tag Archives: financials

Lowe’s Grows Net Earnings in First Quarter

lowe's

Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent ... Read More »

Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’

Ace Hardware

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the ... Read More »

Home Depot Reports Increase in Sales During First Quarter

home depot

Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home ... Read More »

True Value’s 2017 Financials Show Slight Revenue Decline

True Value

True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and ... Read More »

Sears Continues to See Dropping Sales and Revenue

Sears Holdings

Sears Holdings’ year-end financial results for 2017 reflect falling sales and revenue, continuing a pattern of dipping numbers for the retailer. Revenue for the company was $16.7 billion for the year, down from $22.1 billion in 2016, according to the ... Read More »

Participate in the 2018 Cost of Doing Business Study

2018 Cost of Doing Business study

The North American Retail Hardware Association (NRHA) is now collecting data for the 2018 Cost of Doing Business Study. Is your average transaction size normal? Do you spend more or less on advertising than other independent home improvement businesses? How ... Read More »

Lowe’s Financial Results Reveal $68B in 2017 Sales

lowe's financial results

Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter ... Read More »

Home Depot Sees Sales and Earnings Increase in 2017

Home Depot

The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, ... Read More »