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....
In a financial outlook, Tractor Supply Co. stated that it is currently forecasting second-quarter net sales growth of 8% and comparable sales growth of 5% versus the year-prior period as well as diluted earnings per share of $3.48 or greater. If they come in as...
In the 2021 November/December, holiday season retail sales grew 14.1% from those in 2020 to $886.7 billion, the National Retail Federation announced, beating its own forecast and setting a new record despite challenges from inflation, supply chain disruptions and the...