Ace Hardware pushes ahead

Ace Hardware, the US buying cooperative, increased its centrally invoiced sales by 5.5 per cent to US $ 811.2 mio (€ 626.37 mio) in the third quarter. The company’s sales growth in the USA amounted to 5.1 per cent and its international business grew by 18.4 per cent over the same period last year. Sales went up by 6.4 per cent in the first nine months to US $ 2.47 bn (€ 1.91 bn) and profit rose by 5.9 per cent over this period to US $ 86.7 mio (€ 66.93 mio).