Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
Although the Massachusetts Institute of Technology comes in first, the top retailer in the Forbes America’s Best Large Employer study was H-E-B at number five. Among retailers, Trader Joe’s at 16 and Costco Wholesale at 25 come in next. Wegmans at 44 and...
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...
Ace Hardware enjoyed record online sales over the peak five-day shopping weekend from Thanksgiving through Cyber Monday, the company declared. Ace experienced record single-day online sales on both Black Friday, up 45% versus 2021, and Cyber Monday, up 33% year over...
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....
