Solve Client True Value Posts 2015 Q1 Growth

Revenue, Gross Billings, Retail Comps All Grow As New Strategic Plan Implemented

Solve client True Value Hardware released its Q1 financial report, highlighting increases in key financial metrics. True Value saw revenue increase 6.7%, gross billing increased 7.4%, and retail comp store sales grew 5.3%.

In partnership with Solve, True Value has put an increased focus on building its brand. 2015 brought the unveiling of its most aggressive integrated consumer campaign in years. “Our strategic plan is already driving positive change across the cooperative,” said True Value President and CEO John Hartman. “Our first-quarter sales performance shows solid year-over-year improvement, reflecting our intense focus on relevant product assortment and brand building. Not only did our company’s revenue increase, we saw an uptick in nearly all of our product categories.”

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