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Tag Archives: financials

Ace Hardware Reports Revenue Growth in Q2

Ace Hardware

Ace Hardware Corp. today reported an increase in revenue over the previous year for the second quarter of 2017. The co-op’s second-quarter 2017 revenues were $1.5 billion, an increase of $66 million, or 4.6 percent, over the second quarter of 2016, which is ... Read More »

Home Depot Reports Historic Quarterly Sales

home depot

The Home Depot reported Tuesday quarterly sales of $28.1 billion for the second quarter of 2017, which is a 6.2 percent increase over the same period last year. “We were pleased with our results this quarter as our customers rewarded ... Read More »

EXCLUSIVE: True Value CEO Discusses Earnings, Sale Rumors

exclusive

The results of continued investments in True Value’s strategic plan are starting to pay dividends and the recent rumors swirling around a potential sale of the co-op will not be a distraction, according to the company’s president and CEO John ... Read More »

True Value Responds to Bloomberg Report Regarding Possible Sale

True Value Co.

According to a Bloomberg report Monday, True Value Co. is “considering a sale that could value the home-improvement store chain at about $800 million.” People who asked not to be identified as they weren’t authorized to speak publicly say the company ... Read More »

Sears Canada Suggests ‘Significant Doubt’ About Future

Sears Canada

Sears Canada may be following in the footsteps of its former U.S. parent company, Sears Holdings. The Canadian company says it has “significant doubt” of its ability to continue operations, according to CNN. Sears Holdings used similar language regarding its ability to stay ... Read More »

How Does Your Business Compare to a High-Profit Store?

Cost of Doing Business Study deadline

The differences between a high-profit home improvement store and a typical operation can be significant, according to facts from the North American Retail Hardware Association’s (NRHA) 2016 Cost of Doing Business Study. A high-profit home improvement store nets 9.2 percent profit ... Read More »

Small Business Owners Optimistic About Business Health

Small business owners across the U.S. have an optimistic outlook concerning their operations’ health, when considering plans to hire, their revenue expectations and plans to invest back into the business, according to a new report. The findings come from MetLife ... Read More »

True Value Reports Small Q1 Declines

True Value Co.

This week, True Value Co. reported a decrease in both revenue and gross billings, citing unfavorable weather patterns that led to a decline in retail traffic for the first quarter. The co-op posted gross billings of $502 million through the ... Read More »