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Tag Archives: financials

Home Depot Reports Strong Quarterly Sales

Home Depot

The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …

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True Value Reports Growing Sales in Q2

sales

This week, True Value Company announced its second quarter results for fiscal 2016, with gross billings of $585.1 million, up 2 percent or $11.4 million from the same period a year ago. The company also reported revenue of $438.7 million, …

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Do it Best Surpasses $3 Billion in Sales

sales

Do it Best Corp. recently announced it surpassed $3 billion in total sales for its 2016 fiscal year. Sales for the year, which ended June 25, totaled $3.02 billion, up from $2.99 billion for fiscal year 2015, according to the Fort …

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Banks Pushing to Increase Debit Card Swipe Fees

swipe fees

Banks are pushing to change a cap on debit card swipe fees that the Federal Reserve implemented in 2011. However, 89 percent of consumers believe the “swipe fee limits should not be undone,” according to a survey by the National Retail Federation. Additionally, 84 percent of …

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Walmart Canada to Stop Accepting Visa Credit Cards

Walmart Canada

Walmart and Visa’s conflict over credit cards has gotten bigger. Starting July 18, Walmart Canada will begin to phase out Visa as a credit card its retail stores accept, according to the company. A U.S. lawsuit Walmart filed against Visa this …

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Improve Your Business Today

2016 Cost of Doing Business

Do you operate a typical or high-profit home improvement store? Check out this video to see how Bill, a hardware store owner, goes from operating a typical hardware store to a high-profit one, earning $100,000 more in profit each year. Once you …

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Sears to Sell Off Major Brands?

Craftsman

Sears Holdings is continuing to look for ways to improve its business after reporting ongoing financial losses, and the company’s board of directors has decided to look at alternative approaches to selling its popular Kenmore, Craftsman and DieHard brands. The retailer has not reported what specific changes …

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True Value Sees Slight Revenue Uptick in Q1

ACON

This week, True Value Company reported its first quarter results for fiscal 2016, with gross billings of $510.2 million, up 3.3 percent or $16.2 million from the same period a year ago. The company also reported revenue of $356.8 million, …

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