News | Fiscal 2018


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


Post a comment

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

(will not be published)

* obligatory fields

Latest news


Sales by French home improvement stores increased by 1.8 per cent in 2019

French home improvement stores ended 2019 with an increase in sales of 1.79 per cent compared with the previous year. Volume sales exhibited a bigger View news...

Eric Béchu switches from Leroy Merlin to the helm of Weldom

Weldom has a new boss. Eric Béchu has been CEO of the French DIY store chain since January. He has moved within the Adeo Group because he previously View news...

Mr. Bricolage members increase sales by two per cent

The strategic plan "Rebond" by the French cooperative Mr. Bricolage appears to be having an effect. At least that's how the company View news...

Mr. Bricolage has sold almost all 65 own stores

The stricken French home improvement retail cooperative Mr. Bricolage has now sold 59 of its 65 stores owned by the headquarters. 49 of the locations View news...