Inflation Boosts Ace Q1 Comps

Inflation Boosts Ace Q1 Comps

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...
Inflation Boosts Ace Q1 Comps

Ace Hardware To Move Headquarters

To support the company’s continued growth, Ace Hardware is moving to a new home office campus, exiting one location in Oak Brook, IL, and moving across town to The Reserve, an 80-acre campus that offers more flexibility, amenities and space. For the first time,...
Inflation Boosts Ace Q1 Comps

Ace Hardware Continues Making Strides in Q3

Ace Hardware Corp. set a revenue and an earnings record in the third quarter. The cooperative posted a record net income of $99.3 million for the quarter, up to $600,000 from the year-before period, according to Ace. Retail comparable sales in the United States...
Ace Posts Record Q2 Sales

Ace Posts Record Q2 Sales

Ace Hardware Corp. posted record revenues for the second quarter, and the hardware retail cooperative pointed to 2019 to highlight a two-year income gain. Ace reported second-quarter revenues of $2.47 billion, up 8.2% versus the year-prior quarter. Total retail...