Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.”
The cooperative saw fourth-quarter 2016 revenues of $1.2 billion, an increase of 5.8 percent from the fourth quarter of 2015. Total revenues for the year were $5.1 billion, an increase of 1.6 percent compared to the prior year.