- Remarkable revenues increased 16.8% ($155.5 million) from the first quarter in 2013 totaling $1.1 billion at the end of Q1 2014.
- Historic net income was calculated at $24.4 million, a 454% increase from the same time last year.
- Same store sales saw an increase of 5.2% from 2013.
- Ace added 49 stores this quarter bringing the total number of stores to 4,878 at the end of the first quarter, an increase of 161 stores from Q1 2013.
July 23, 2014
In its 90 year history, America’s neighborhood hardware retailer, Ace Hardware, experienced the best first quarter for both revenues and net income.