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 14:27
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.