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Tag Archives: financials

True Value Sparks Strategic Initiatives in Q2

True Value announced it is gearing up to roll out its strategic plan in the fall that will highlight long-term changes for the co-op. While many efforts won’t be implemented until the end of 2014 or later, according to company …

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Ace Reports ‘Record-Breaking’ First Quarter Increases

Ace Hardware today reported the company’s best first quarter for both revenues and net income in its 90-year history, it says. Total revenues were $1.1 billion for the first quarter of 2014, an increase of $155.5 million or 16.8 percent, …

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Strong Farm, Pet, Ranch Sales Spur True Value’s First-Quarter Growth

True Value today reported revenue of $331.5 million for the quarter ending March 29, an increase of 6.0 percent or $18.9 million over the same period a year ago. Strong sales in the farm, ranch, auto and pet, seasonal, plumbing …

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Report: U.S. Retail Sales Outpace GDP Growth in 2013

Total retail sales in the U.S. reached more than $4.5 trillion in 2013, and e-commerce accounted for a large part of that growth, up 16.9 percent in 2013, according to market research firm eMarketer. Total retail sales are leading economic …

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HR STOCK INDEX: February Markets Recover from January’s Slump

Despite ups and downs in housing-related stocks due to severe winter weather patterns across much of the country, the Hardware Retailing Stock Index handily recovered from January’s downturn, adding 69.25 points, or 5.72 percent, to close at 1280.65, outperforming all …

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HR STOCK INDEX: The Year Starts Off with a Bang—But Not the Good Kind

After a robust and record-setting 2013, markets headed south in January. Stocks tanked when emerging markets fell overseas: A preliminary survey of a purchasing managers’ index of Chinese manufacturing dropped to 49.6, the lowest reading since July. Consumer sentiment dipped …

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Lowe’s Comp-Store Sales Up in Fourth Quarter

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. …

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Home Depot’s Comp-Store Sales Up in Fourth Quarter

Home Depot reported increases in comp-store sales spurred by the recovering housing market. Comparable store sales for the fourth quarter of fiscal 2013 increased 4.4 percent, and comp sales for U.S. stores were positive 4.9 percent. Total sales for the …

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