Ace Hardware Corp. posted third-quarter net income of $99 million versus $130 million from the year-earlier period. The decrease was due entirely to higher planned expenses as the company continues to make strategic investments in its supply chain infrastructure and...
Ace Hardware is launching a new store design package called Elevate3 Ace. This experiential concept, supported by a $1 billion investment, will roll out to new and existing locations over the next five years. The company introduced the new store design at its recent...
In driving store growth, Ace Hardware has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year, the company indicated as it prepares for its annual convention. The company has opened more than 1,100 stores in the...
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 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....
