Ace Hardware  / 2023 Annual Report

2023 Annual Report

    Ace The Helpful Place
    Ace The Helpful Place
    ANNUAL REPORT
    John Venhuizen MESSAGE FROM PRESIDENT & CEO
    Brett Stephenson MESSAGE FROM CHAIRMAN

    2023 At-A-Glance

    Total Revenue
    Patronage Dividends
    Ace Foundation Contributions
    2017
    2018
    2019
    2020
    2021
    2022
    2023

    Key Wins

    $9.13B

    Total Revenue

    $356.5M

    Patronage Dividends

    2.3M

    Square Feet of New Ace Retail Space

    5TH

    Largest Franchise in the World 

    6%

    B2B Sales Growth 

    65.7M

    Total Ace Rewards Members

    38.7%

    Pre-Tax Return on Equity

    $323.4M

    Net Income

    $334M

    Acehardware.com Revenues

    203

    New Domestic Stores
    Over 5,800 Stores and Growing

    Our Subsidiaries

    Ace Wholesale Holdings
    Revenue:

    $458M

    Ace Retail Holdings
    Revenue:

    $786M

    Ace Intl Holdings
    Revenue:

    $216M

    Ace Hardware Services
    Revenue:

    $126M

    Video Highlights

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    Our Philanthropy

    2023 Ace All-Star Retailer Linda Roark

    Linda Roark has led the nation in single store fundraising in each of the last three years and has been a beacon of inspiration for retailers across the country.

    OUR PHILANTHROPY