Ace achieves record revenues in 2014

OAK BROOK, Ill. — Ace Hardware Corp. reported record earnings for 2014, with sales for the year hitting $4.7 billion, an increase 13.2%. Net income was $140.9 million, up 34.8%. Total revenues for the fourth quarter reached $1.16 billion, an increase of 13.6%. Net income for the quarter was down $12.7 million, a decrease of $10.7 million.