Ace Hardware; The Home Depot

Ace Hardware Corp., Oak Brook, Ill., reported record fourth quarter 2020 revenues of $2.1 billion, up 39.2 percent compared to $1.5 billion in the 2019 fourth quarter. Fiscal 2020 consisted of 53 weeks compared to 52 weeks in fiscal 2019. Excluding the 53rd week, revenues in the fourth quarter increased 32.4 percent from the fourth quarter of 2019. Full year revenues were a record $7.8 billion, a 27.9 percent increase compared to $6.1 billion in 2019 revenue — an increase of $1.6 billion or 26.2 percent excluding the 53rd week.

The Home Depot, Atlanta, reported net sales of $32.3 billion for the 2020 fiscal fourth quarter, up 25.1 percent compared to $25.8 billion in the fourth quarter of fiscal 2019. Net sales for fiscal 2020 were $132.1 billion, up 19.9 percent compared to $110.2 billion in fiscal 2019.