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Tag Archives: financials

Are Your Operating Expenses Draining Your Profit?

Payroll, advertising, utilities, rent and more all add up to your total operating expenses–and if one of those expense lines gets too high, it cuts into your store’s profit. Ask yourself the following questions to determine if your expenses are …

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Home Depot Has ‘Stronger Than Expected’ First Quarter

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The Home Depot’s overall and comparable U.S. store sales were up in the first quarter, boosting the company’s expectations for sales growth for all of 2016. The numbers reflect “our stronger than expected start to the year,” Craig Menear, CEO, president and …

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Be a Part of Something Big

Each year for the past 99 years, the North American Retail Hardware Association (NRHA) has conducted the Cost of Doing Business Study, the industry’s only inclusive retail benchmarking study. This study is extremely important and beneficial to a home improvement retailer …

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Understanding Payroll

The annual Cost of Doing Business Study from the North American Retail Hardware Association (NRHA) is the industry’s only inclusive benchmarking study and has been conducted annually for almost 100 years. The study provides detailed financial information from hardware stores, home centers and …

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Participate in the 2016 Cost of Doing Business Study

As your association, the North American Retail Hardware Association (NRHA) strives to provide quality resources to help you better run your business, which is why it conducts the annual Cost of Doing Business Study. The study is comprised of data confidentially gathered …

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True Value Releases Year-End Results

ACON

This week, True Value Company reported its year-end results on a slight upswing from the previous year. According to an article in Business Wire, the company’s total gross billings for the fiscal year ending Jan. 2 were $2,033.2 million. Revenue …

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Sales Continue to Rise for Home Depot and Lowe’s

Rise

Last week, big box retailers Home Depot and Lowe’s both announced their fourth-quarter revenues with sales growth that suggests consumers are increasingly spending money on home improvement purchases. Read the following articles for more details on the companies’ financial performance: Home Depot’s …

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Ace Hardware Announces Record-Breaking 2015

Ace Hardware

Ace Hardware Corporation today reported fiscal 2015 revenues of $5 billion, an increase of $344.5 million or 7.3 percent from fiscal 2014. Additionally, fiscal 2015 consisted of 52 weeks, compared to 53 weeks in fiscal 2014. Despite one less week …

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