OAK BROOK, Ill.–(BUSINESS WIRE)–Ace Hardware Corporation (“Ace” or the “Company”), the largest retailer-owned hardware cooperative in the world, today reported total fiscal 2015 revenues of $5.0 billion, an increase of $344.5 million or 7.3 percent from fiscal 2014. Fiscal 2015 consisted of 52 weeks compared to 53 weeks in fiscal 2014. The 53^rd week in fiscal 2014 added approximately $49.4 million in revenues in 2014. Excluding the 53^rd week in fiscal 2014, revenues increased $393.9 million or 8.5 percent. Net income was $156.2 million for fiscal 2015, an increase of $14.9 million or 10.5 percent from fiscal 2014.

Full Story