Several major big-box retailers and manufacturers recently released financial results. Here’s a look at how each performed in the last quarter of the fiscal year and fiscal year 2021. Lowe’s In Q4 2021, Lowe’s reported net earnings of $1.2 billion …
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Ace Reports Record-Breaking Third Quarter
Ace Hardware released its third quarter financial report this week, reporting record Q3 revenues of $2 billion, an increase of 1.4 percent on top of last year’s increase of 30.7 percent. It also posted a record net income of $99.3 …
Read More »Big-Box Q3 Financials Round-Up
This week, several Big-Box organizations released their Q3 financials, with most reporting continued sales increases in an already successful year. Lowe’s reported net earnings of $1.9 billion and diluted earnings per share (EPS) of $2.73 for the third quarter. Those …
Read More »2021 Cost of Doing Business Study Is Now Available
After a seismic year in home improvement retail, understanding how your performance compares to industry peers is more important than ever. The North American Hardware and Paint Association‘s 2021 Cost of Doing Business Study is now available. The study has …
Read More »Sherwin-Williams Shares Q2 Financial Results
The Sherwin-Williams Company ended its second quarter of 2021 with an increase in both net sales and gross profit from the same quarter in 2020. Net sales from stores in Q2 in the U.S. and Canada increased 19.3 percent, while …
Read More »Ace Reports Another Record-Breaking Quarter for Revenues
After posting a record-breaking first quarter, Ace Hardware continues to shatter revenue numbers in the second quarter of 2021. Ace revenues for the second quarter were $2.5 billion, up 8.2 percent from last year and an increase from the $2 …
Read More »3 Reasons Why You Should Participate in the Cost of Doing Business Study
The deadline for the North American Hardware and Paint Association (NHPA)’s 2021 Cost of Doing Business Study has been extended to July 15. The study is the only inclusive industry benchmarking study—giving you a complete analysis of how your business …
Read More »Participate in the 2021 Cost of Doing Business Study by June 30
Have you benchmarked your business? The deadline to participate in the 2021 Cost of Doing Business Study is Wednesday, June 30. For more than a century, NHPA has collected information from independent home improvement retailers for the study. Each year, …
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