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Tag Archives: financials

Home Improvement Retail Sales Increase in May

U.S. retail and food services sales increased in May, up an estimated 2.7  percent from May 2014 — but the home improvement industry’s numbers were even better. Building materials and gardening supplies sellers saw retail sales go up by 4.8 percent year over year, and …

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United Hardware Hosts Fall Dealer Market

United Hardware held its June Buying Market this past weekend in Minneapolis, where retailers browsed new items, shopped for promotional deals and learned about new programs. Hardware Retailing had the opportunity to sit down with United Hardware president and CEO …

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Building Materials and Solutions Manufacturers Announce Merger

Stock Building Supply Holdings, Inc. and Building Materials Holding Corporation, two leading building materials and solutions providers to professional contractors, announced the signing of a definitive merger agreement under which the two companies will combine in an all-stock transaction. The combined …

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Ace Hardware Announces Record Q1 Results

Ace Hardware

This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014.  Net income was $29.9 million for the first quarter of 2015, …

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Lowe’s Announces First Quarter Results

Lowe's

Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …

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Ace International Expanding in Dubai

An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …

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The Home Depot Reports Q1 Sales Growth

The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …

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