Client’s Strategic Plan Drives Results, Positions Company For Continued Growth
Solve client True Value Company, one of the world’s largest retailer-owned hardware cooperatives, announced 2014 year-end results earlier this month. Total fiscal 2014 gross billings increased 6% to $2.015 billion, the best growth in 20 years. Destination True Value retail comp store sales were up 4.8 percent. Overall company revenue grew 5.9%.
“Our strategic plan is driving powerful, positive transformation across True Value as we experienced some of the strongest growth we’ve seen in the last 20 years,” said President and Chief Executive Officer John Hartmann. “These achievements are the result of our members’ support and the hard work of our associates as together we make the changes needed to drive new levels of engagement, growth and efficiency.”
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