ACE HARDWARE REPORTS RECORD THIRD QUARTER 2026 RESULTS

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Record third quarter revenues of $2.5 billion, an increase of 2.1 percent Record third quarter net income of $142.1 million, an increase of 42.5 percent Accrued patronage…

OAK BROOK, Ill., Nov. 11, 2026 /PRNewswire/ -- Ace Hardware Corporation ("Ace" or the "Company") today reported third quarter 2026 revenues of $2.5 billion, an increase of $53.3 million, or 2.1 percent, from the third quarter of 2025. Net income was $142.1 million for the third quarter of 2026, an increase of $42.4 million from the third quarter of 2025.

"It gives me a great deal of satisfaction to once again report record sales and profit for the company," said John Venhuizen, President and CEO. "These results belong to an Ace team comprised of some of retail's most humble, hungry, smart and servant-hearted people. Their collective effort drove a 12 percent increase in comparable digital sales, a 2.0 percent increase in same-store sales and an impressive 42.5 percent increase in earnings."

The approximately 4,000 Ace retail stores that consistently share daily retail sales data reported a 2.0 percent increase in U.S. retail same-store sales during the third quarter of 2026, which was the result of a 4.5 percent increase in average ticket partially offset by a 2.3 percent decrease in same-store transactions.

Consolidated revenues for the quarter ended October 3, 2026 totaled $2.5 billion. Total wholesale revenues were $2.3 billion, an increase of $53.8 million, or 2.4 percent, as compared to the prior year third quarter. Increases were seen across many departments with outdoor power equipment, holiday décor, power tools, and fans and heaters, showing the largest gains.

Wholesale merchandise revenues to new domestic Ace stores activated from January 2025 through September 2026 contributed $48.5 million of incremental revenues during the third quarter of 2026, while wholesale merchandise revenues decreased $8.7 million during the third quarter due to domestic Ace stores whose memberships were cancelled. Wholesale merchandise revenues to comparable domestic Ace stores decreased $20.1 million for the quarter.

Total retail revenues from Ace Retail Group, Inc.

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