Ace Hardware  / 2024 Annual Report

2024 Annual Report

    Ace Hardware - 100 Years of Helpful
    ANNUAL REPORT
    2024
    John Venhuizen MESSAGE FROM PRESIDENT & CEO
    Steven Burggraf MESSAGE FROM CHAIRMAN

    2024 At-A-Glance

    Total Revenue
    Patronage Dividends
    Ace Foundation Contributions
    2018
    2019
    2020
    2021
    2022
    2023
    2024

    Key Wins

    $9.5B

    Total Revenue

    $357M

    Patronage Dividends

    2.3M

    Square Feet of New Ace Retail Space

    5TH

    Largest Franchise in the World 

    +45%

    Revenue Growth forAce Mob App

    71M

    Total Ace Rewards Members

    39%

    Pre-Tax Return on Equity

    $314.1M

    Net Income

    +15%

    Acehardware.com Revenue

    215

    New Domestic Stores
    Over 5,900 Stores and Growing

    Our Subsidiaries

    Ace Wholesale Holdings
    Revenue:

    $480M

    Ace Retail Holdings
    Revenue:

    $825M

    Ace Intl Holdings
    Revenue:

    $215M

    Ace Services Holdings
    Revenue:

    $172M

    Video Highlights

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    Our Philanthropy

    2024 Ace All-Star Retailer Michael Cripe

    Over the last 5 years, the Whitmore Ace Stores raised over $750,000 for Lurie Children's Hospital in Chicago and have been a staple in the top 10 of multi-store fundraising. Michael serves on the Foundation's Retailer Input Team and has been a trusted advisor and trailblazer on many fundraising initiatives, inspiring fellow retailers across the country to get more involved.

    OUR PHILANTHROPY