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Tag Archives: john venhuizen

Ace Hardware Reports Q3 2022 Results

Q3 financials

Ace Hardware Corp. reported record third-quarter 2022 revenues of $2.2 billion, an increase of $203.2 million from the third quarter of 2021. Net income was $100.6 million for the third quarter of 2022, an increase of $1.3 million from the …

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Ace Hardware to Open More Than 170 Stores This Year

Ace 170 stores

Ace Hardware has already opened 130 new stores in 2022 and is planning to open at least an additional 40 stores in Q4 for more than 170 stores by the end of the year. Ace operates more than 5,600 locally …

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Ace Hardware Posts a Record-Setting Q2

Ace omnichannel retailers report

With record second-quarter revenues of $2.5 billion, Ace Hardware released its financials for Q2 2022. The record-breaking revenues were an increase of 2.7% or $66.1 million on top of last year’s increase of 8.2%. Increases were seen across a majority …

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Pedrotti Ace Hardware Marks a Century of Service, Family and Community

Pedrotti family

From modest beginnings in the quaint town of Crockett, California, Pedrotti Ace Hardware has evolved to meet changing times and moved locations several times. But through it all, it has maintained its community spirit and penchant for helpfulness. The company, …

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Ace Hardware Sees Record-Breaking Q1 2022

Ace Q1 2022

With revenues of $2.2 billion, Ace Hardware recorded another record-breaking quarter in Q1 2022. Revenues in the first quarter of 2022 were up 8.9 percent, on top of last year’s increase of 42 percent. The company also posted a record …

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Ace Spring 2022 Convention Focuses on Future

Spring 2022 Convention

Ace Hardware retailers had the opportunity to connect and network, discover new products and take part in educational sessions at the Ace Spring 2022 Convention, held at the Las Vegas Convention Center in Las Vegas, Nevada. The event marked the …

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Ace Reports Revenue Increases for Q4 and 2021

Ace revenue 2021

Ace Hardware Corporation released its sales and revenue numbers for Q4 2021 and full year 2021 results, recording full-year revenues of $8.6 billion, a 10.7 percent increase in full-year revenues on top of 2020’s increase of 27.9 percent. Q4 revenues …

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Ace Reports Record-Breaking Third Quarter

Ace third quarter

Ace Hardware released its third quarter financial report this week, reporting record Q3 revenues of $2 billion, an increase of 1.4 percent on top of last year’s increase of 30.7 percent. It also posted a record net income of $99.3 …

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