ENTITY
Ace Hardware Indonesia

Ace Hardware Indonesia (ACES IJ)

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Analysis
Consumer DiscretionaryIndonesia
PT ACE Hardware Indonesia Tbk retails tools, home improvement products, lawn and garden supplies, plumbing, furniture, sporting goods, and pet supplies.
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24 Jun 2024 20:48Broker

Ace Hardware Indonesia - Solid SSSG in May24, Expect the Positive Trend to Continue in Jun24

ACES booked a solid SSSG of 10.1% in May24 (May23: 1.1%), consistent with the findings from our weekly retail channel check in May.

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20 Jun 2024 09:47

Ace Hardware Indonesia (ACES IJ) - Brighter Ambience Ahead

Ace Hardware Indonesia booked another set of positive SSSG numbers for May, with +10.1% YoY growth, defying seasonal trends and in stark contrast...

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22 Apr 2024 22:27

Ace Hardware Indonesia (ACES IJ) - New Product Cycles and Formats

Ace Hardware Indonesia (ACES IJ) continued its positive sales momentum in March 2024. with SSSG of +19.9% YoY nationwide, taking the YTD SSSG to an...

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12 Jul 2024 18:43Broker

Retail: 2Q24 Preview: ACES and MIDI Shine, MAPA/MAPI May Face Challenges (OVERWEIGHT)

ACES and MIDI reported solid 2Q24 SSSG, which leads us to expect robust core profit growth of +23% and +21% yoy, respectively.

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26 Jan 2024 19:32Broker

Ace Hardware Indonesia - Growth Recovery Outlook Intact on Positive Jan24

ACES Jan24 YTD foot traffic shows a positive growth yoy, which we expect to continue as we approach CNY and Ramadan festivities.

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