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Tag Archives: financials

Lowe’s Sales Up 5 Percent in Quarter Three

Lowe’s Companies, Inc., saw sales increases for the third quarter of 2015, and expects to end the fiscal year on a growth pattern. In quarter three, the company’s sales grew to $14.4 billion, an increase of 5 percent over the same period a year …

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Home Depot’s Growth Continues in Third Quarter

The Home Depot today reported sales increases in the third quarter and expectations of overall sales growth for fiscal year 2015. The quarter’s $21.8 billion in sales represented a 6.4 percent rise compared to the same period in 2014. In addition, comparable store sales in …

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House-Hasson Makes Changes Following Acquisition

House-Hasson Hardware’s acquisition of Long-Lewis Hardware has brought key changes to both companies. House-Hasson has received a new regional manager; 10 new sales staff members; and 150, 18-wheeler truckloads of merchandise placed on warehouse shelves to sell. “This was an …

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Intertape Polymer Group Acquires TaraTape for $11 Million

IPG Taratape

 Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …

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Measuring Your Store’s Performance

Benchmarking and measuring your store’s performance against industry averages are vital to keeping your store competitive and on a continuous growth track. One of the industry’s best tools for benchmarking is the North American Retail Hardware Association’s Cost of Doing Business Study. This …

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Brutally Honest: Peer Critiques Push Business Growth

To view a PDF of this story, click here. Visit hardwareretailing.com/peer-critique for a critique sheet and hardwareretailing.com/store-tours for a tour of the two different stores. The partnerships started as a pact between three California retailers who knew each other through their co-op. The store …

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Lowe’s Reports Second Quarter Results

Lowe’s Companies, Inc. released second quarter sales and earnings results this week. The big box reported sales for the second quarter increased 4.5 percent to $17.3 billion from $16.6 billion in the second quarter of 2014. Comparable sales increased 4.3 percent. …

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Ace Hardware Experiences Growth in Q2

Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …

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