Under the Dallas skyline, Ace retailers from around the world began celebrating Ace Hardware’s 100th Anniversary at the Ace 2024 Spring Convention. Along with the usual product discovery, training and networking opportunities, Ace retailers reflected on the success of the …
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Ace 2023 Revenues Down, Alongside Record Operating Income
Ace Hardware Corp. reported fourth quarter 2023 financials, which included revenues of $2.1 billion, a decrease of 3% from the fourth quarter of 2022. Net income was $0.5 million for the fourth quarter of 2023. Full-year revenues were $9.1 billion, …
Read More »2024 Market Measure: Industry Insights
In the 2024 Market Measure Report, published by the North American Hardware and Paint Association, executives from the industry’s distributors and buying groups offered insights into their operations in 2023 and their plans and goals for 2024. Read the reports …
Read More »Industry Insights: Ace Hardware
In the 2024 Market Measure Report, published by the North American Hardware and Paint Association, industry partners offered insights into 2023 operations and their goals for 2024. Read the insights from Ace Hardware‘s John Venhuizen below and download the complete report …
Read More »Ace Hardware Updates Retailers on Cybersecurity Incident
In an email to retailers on Nov. 3, Ace Hardware president and CEO John Venhuizen updated retailers on the progress being made in remediating the cybersecurity incident that occurred over the weekend of Oct. 28-29. Venhuizen shared that the Care …
Read More »Ace Hardware Experiences Cybersecurity Incident
Ace Hardware shared an email Monday with its retailers that the organization detected a cybersecurity incident impacting its IT systems. According to the email, ACENET, Warehouse Management Systems, Ace Retailer Mobile Assistant (ARMA), Hot Sheets, Invoices, Ace Rewards and the …
Read More »Ace Hardware Fall 2023 Convention Delivers Promises for Future
At the Fall 2023 Convention, Ace Hardware pledged to build on a century of success and continue to help its retailers be “the place with the helpful hardware folks.” During the opening general session of the event, which was held …
Read More »Ace Hardware Sees Financial Gains in Q2 2023
Marking increases across the board from the second quarter of 2022, Ace Hardware shared its financial reports for the second quarter of 2023. The company’s revenues reached $2.6 billion, up 3.9% from last year, and operating income was $141 million, …
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