2020 Ace Retail Financial Report

Contents

Introduction......................................................................................................................................................................1

Executive Summary

Overview Of Results..........................................................................................................................................................3

Summary Of Financial Ratios.............................................................................................................................................4

Financial Statements and Ratios by Store Format

Return On Investment.......................................................................................................................................................5

Graphical Analysis.............................................................................................................................................................7

Income Statement ............................................................................................................................................................9

Balance Sheet .................................................................................................................................................................10

Financial Ratios ...............................................................................................................................................................11

Inventory Productivity Ratios ..........................................................................................................................................12

Operating Productivity Ratios .........................................................................................................................................13

Employee Productivity Ratios..........................................................................................................................................14

Format Analysis: High Profit, Sales Volume, Density, and Performance Trend

Convenience Hardware Stores ........................................................................................................................................15

Core Hardware Stores .....................................................................................................................................................19

Super Hardware Stores ...................................................................................................................................................23

Home Centers.................................................................................................................................................................27

Contractor-Oriented Supply (COS) ....................................................................................................................................31

Ace vs. Industry Performance..........................................................................................................................................35

Ratio Definitions .............................................................................................................................................................37

Prepared By

Prepared For

Profit Planning Group, Inc. www.profitplanninggroup.com

Ace Hardware Corporation 2200 Kensington Ct. Oak Brook, IL 60523 630.990.6600 ar@acehardware.com

303.444.6212

 2021 Ace Hardware Corporation

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