by Mike Duff | Feb 15, 2023 | Retail Articles
Costs hit the Ace Hardware Corp. bottom line in the fourth quarter despite comparable and total sales gains. In the fourth quarter, Ace net loss was $4 million versus company net income of $9.9 million in the year-earlier period, the company stated. The 3,600 Ace...
by Mike Duff | Nov 21, 2022 | Retail Articles
Ace Hardware Corp. reported higher earnings and record sales in the third quarter, providing evidence that the home repair and remodeling sector is going strong. Ace posted a net income of $100.6 million for the quarter versus $99.3 million in the year-prior period....
by Mike Duff | Aug 24, 2022 | Retail Articles
As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
by Mike Duff | Aug 11, 2022 | Retail Articles
Ace Hardware has announced plans to add 4.4 million square feet of distribution capacity by opening three new warehouses in the next five years. The distribution center plans come in the aftermath of Ace adding more than 2.5 million square feet to its network over the...
by Mike Duff | May 23, 2022 | Retail Articles
In the first quarter, coop Ace Hardware reported inflation impacted financial results as it pushed an average ticket gain and, with it, comparable sales. Ace also announced that it had once again earned J.D. Power’s highest ranking for customer satisfaction...
