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Tag Archives: financials

True Value Announces First-Quarter Results

Earlier this week, True Value Company reported gross billings of $494.0 million for the quarter ending April 4, up 7.4 percent or $33.9 million from the same period a year ago. Revenue was $353.8 million, an increase of 6.7 percent …

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Sales and Income Up for Tractor Supply Co.

Tractor Supply Co. experienced year-over-year increases in sales and income for its first quarter of 2015. Net sales were $1.33 billion, an increase of nearly 13 percent over first-quarter 2014. The company’s net income grew by approximately 19 percent, reaching …

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Home Depot: Transforming a World Leader

The Home Depot, the world’s largest home center chain, ended 2014 with sales of more than $83 billion — growth that reflects changes to the company’s business strategies. For example, the 2014 comp-store sales increase of 5.3 percent shows the results of Home Depot’s rededication …

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Why High-Profit Hardware Stores are so Successful

Overall, hardware stores excelled in 2013. According to North American Retail Hardware Association’s 2014 Cost of Doing Business Study, hardware stores reporting prior-year’s sales saw a 2.54 percent increase in same-store sales growth. As defined in the study, hardware stores …

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True Value Announces Year-End Results

This week, True Value Company announced its fiscal 2014 year-end results, and the company says its the best growth its seen in 20 years, as it shared with its members earlier this month in Dallas at the True Value Spring Reunion. According to …

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Lumber Liquidators Responds to ’60 Minutes’ Report

A heated debate between the CBS program “60 Minutes” and the well-known flooring company Lumber Liquidators has ensued following an episode of the Sunday-night television show. The CBS report claims Lumber Liquidators sold laminate flooring with higher levels of formaldehyde than permitted by California’s health …

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Ace Acquisitions Contribute To Double-Digit Growth

Buying two wholesale companies and growing same-store sales boosted revenue for Ace Hardware Corp. in 2014. The home improvement co-op reported 2014 fiscal-year revenue of $4.7  billion, for growth of 13.2 percent year over year. Fourth-quarter revenue also increased, up 13.6 percent …

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