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 | 15:22


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(will not be published)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 in June by 30 per cent

After a sharp fall in sales by the French DIY store operators in the months of March and April of this year at minus 49.2 and 61.7 per cent, the View news...

Les Mousquetaires acquires majority of BricoPrivé

The French group Les Mousquetaires has entered into a strategic alliance with BricoPrivé by acquiring a majority stake. According to an announcement View news...

Home Depot Opening Three New Distribution Centers

Home Depot has announced that it will open three new distribution centres in Georgia over the next 18 months to support the growing demand for View news...

Egger with stable annual results 2019/2020

In financial year 2019/2020, the Egger group generated sales of EUR 2.832 bn (minus 0.4 per cent compared to the previous year) and an EBITDA of EUR View news...

DIY International | Service

DIY International Corona special

The Coronavirus crisis and the DIY industry

All news, reports and information from the DIY International editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

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!