Ace Hardware Corp. announced it logged record Q3 revenues of $2 billion, up $28.1 million or 1.4 percent from a year ago. Net income for the quarter was $99.3 million, an increase of $600,000 from Q3 of 2020.
U.S. retail same-store sales reported by the approximately 3,400 Ace retailers who share that data rose 0.3 percent during the quarter. A 7.5 percent hike in the average ticket made up for the 6.7 percent decline in transactions.