bullish
Ace Hardware Indonesia (ACES IJ) - New Product Cycles and Formats
410 Views08 Apr 2024 17:12
Ace Hardware Indonesia (ACES IJ) results revealed a positive finish to 2023 and an optimistic outlook for 2024, with new store rollout and shorter promotion periods set to boost sales.
Boomeranged on Mon, 22 Apr 2024 22:27
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 impressive growth rate of +13.2% YoY.
SSSG for Jakarta rose by +13.5% YoY, while SSSG for Java outside Jakarta increased by +20.3% YoY, and outside Java by an even faster +23.3% YoY. The numbers underline the strength of the ongoing recovery.
SUMMARY
(Sign Up to Access)Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
- The Week That Was in ASEAN@ Smartkarma - MAPI & Boycotts, Ace Hardware Reborn, and VinFast's Trouble16 Apr 2024
- The Week That Was in ASEAN@Smartkarma - Ace Hardware's Lifestyle, AKR Corporindo, and Sai Gon Cargo08 Apr 2024
- Ace Hardware Indonesia (ACES IJ) - New Product Cycles and Formats08 Apr 2024
- Ace Hardware Indonesia (ACES IJ) - Reinvigorated with Significant Upside15 Dec 2023
- Ace Hardware Indonesia (ACES IJ) - Renaissance in Motion07 Nov 2023
x