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Tag Archives: financials

Housing Recovery Drives Home Depot’s Increased Sales in First Quarter

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Home Depot reported sales of $19.1 billion for the first quarter of fiscal 2013, a 7.4 percent increase from the first quarter of fiscal 2012, brought about largely due to the recovering housing market and despite a colder than average spring. On …

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True Value Reports a Decrease in Gross Billings

True Value reported gross billings of $444.3 million for the quarter ending March 30, down 0.9 percent for the same period a year ago, due to a nearly non-existent spring and a decline in lumber and building material vendor direct …

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Builder Confidence Improves in May

Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May. This gain, from a downwardly revised 41 in April, …

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Reed Exhibitions Acquires Expo Nacional Ferretera

Reed Exhibitions Acquires Expo Nacional Ferretera

Expo Nacional Ferretera, the largest event in Mexico and the Latin American market serving the hardware, construction and electrical markets, has joined the Reed Exhibitions portfolio of brands and brings with it more than 1,300 exhibiting companies occupying 50,000 square …

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Study: Economy Less Likely Affecting Millennials’ Shopping Habits

Millennials are less likely to spend less due to the economy, according to a consumer survey conducted by Prosper Insights & Analytics on behalf of the National Retail Federation. Its April Consumer Survey showed that 89.5 percent of young adults feel the …

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Handy Hardware to be Purchased, Privatized

Handy Hardware Wholesale is scheduled to be purchased by Littlejohn & Co pending official court approval in July. Handy Hardware Wholesale, which is based in Houston, filed for bankruptcy in Delaware in January and as part of the Chapter 11 …

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Taking Control of Accounts Receivable

By T.J. Comstock, owner of Northwest Hardware, LLC Recently I was talking to a fellow hardware retailer and we got into a discussion about accounts receivable (A/R) levels in our stores. I mentioned what my levels were and he seemed …

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2012 Market Measure: The Industry’s Annual Report

To watch the full video, click here. NRHA’s most popular webcast, the Market Measure will provide original data from its annual report. This webcast is an essential tool for any channel of the home improvement sector and will provide an …

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