QXO Chairman & CEO Brad Jacobs issued July 9 an investor Q&A that projects how its operations will grow rapidly and collectively more than double EBITDA to about $4 billion by 2030 from nearly $2 billion today. QXO believes EBITDA at its legacy Beacon Building Products operation can rise to $2 billion from $800 million, while EBITDA at its Kodiak Building Partners division can reach $400 million from $210 million. As for its newly acquired TopBuild, QXO projects EBITDA will h

A record 1,204 people from 50+ countries traveled to Amsterdam June 17-19 for the biggest international meeting of companies that run home centers, hardware stores, and pro yards. Hardly any Americans attended the Global DIY-Summit, but I did, looking for stealable ideas. Here are nine takeaways that North America’s dealers can use.

Do it Best Group President & CEO Dan Starr (left) speaks with Do it Best Foundation's Curtis Smith on June 17 at the Global DIY-Summit in Amsterdam (Craig Webb photo) By Craig Webb Reviving the True Value brand led Do it Best to adjust its typical ideas about customers and take advantage of social media to reach the next generation, all while retaining Do it Best's core values, the President and CEO of Do it Best Group told an international audience June 17. “Authenticity is

By Craig Webb Attorneys for both sides of a potential class action complaint against Ace Hardware Corp. and its members have been ordered to file a joint initial status report by July 16 and attend a hearing via telephone on July 26. The May 8 order by Judge Sunil R. Harjani of the U.S. District Court in Chicago represents the only advance since the May 7 filing alleging that Ace runs a price-fixing cartel and illegally influences both how existing stores are sold and where n