News | Fiscal 2018

Back

Ace Hardware concludes the year up 6.1 per cent

Facts and figures from Ace Hardware's fiscal 2018 report.

Facts and figures from Ace Hardware's fiscal 2018 report.

The central office of the American hardware cooperative Ace Hardware ended fiscal 2018 with sales in the order of USD 5.717 bn. This equates to an increase of 6.1 per cent compared with the previous year. Wholesale activities accounted for the majority of sales, growing by 4.9 per cent to USD 5.342 bn. The cooperative's own retail business, currently composed of 123 outlets in the Westlake Ace Hardware chain and the e-commerce start-up The Grommet, which was acquired in 2017, increased sales by 26.3 per cent to USD 375.4 mio.

As of the end of 2018, 5 253 retail outlets worldwide were affiliated to the cooperative, thus 257 or 2.6 per cent more than a year before. Their joint retail sales are much higher but have not been published. Ace has stated that the roughly 3 000 Ace retailers, who share daily retail sales data, have reported an increase in same-store-sales of 2.3 per cent for 2018.

|20 February 2019


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Koelnmesse is bundling its "Global Competence in Hardware"

Koelnmesse wants to bundle its activities in the field of hardware in future under the motto "Koelnmesse: Global Competence in Hardware". View news...

Lighting congress at double fair in Panama

The first Design + Lighting Latin America 2019 congress will be staged on the first two days of the Inter Lumi and Expo F double trade fair in Panama View news...

Kingfisher pulls out of Germany and heads for Ireland

After operating Screwfix for just five years in Germany, Kingfisher is pulling the distribution channel out of the country and closing all 19 View news...

Kingfisher sales static, Castorama and B&Q performing poorly

Kingfisher's sales have stagnated. In fiscal 2018/2019 (ended 31 January 2019) the British DIY group's sales were up 0.3 per cent from the previous View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

V33 group, Inspiring presentations

V33 group

Inspiring presentations

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery