CHICAGO–(BUSINESS WIRE)–True Value Company, one of the world’s largest retailer-owned hardware cooperatives, today reported total gross billings of $2,033.2 million for the fiscal year ending Jan. 2, 2016, up 2.0 percent or $39.3 million compared to the prior year on a comparable 52-week basis. Revenue was $1,497.2 million, an increase of 1.3 percent or $18.6 million on a comparable 52-week basis. When comparing the 52–53-week fiscal year, reported gross billings were up 0.9 percent and revenue increased 0.1 percent, respectively.
