Retail Sales Archives - Cutting Edge Products

Ace Hardware Reports First Quarter 2023 Results

Posted by Contributor
On May 25, 2023
NRF, Retail Sales

Ace Hardware Corporation reported first quarter 2023 revenues of $2.1 billion, a decrease of $127.4 million, or 5.8 percent, from the first quarter of 2022. Net income was $66.2 million for the first quarter of 2023, a decrease of $53.6 million from the first quarter of 2022.

Retail Sales Rose in April as Consumers ‘Remained Engaged’

Posted by Contributor
On May 25, 2023
NRF, Retail Sales

Retail sales bounced back in April, showing both month-over-month and year-over-year growth, the National Retail Federation said today. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. “Moderating price levels, continued labor market strength and wage gains have increased consumers’ ability to spend.