Hardware and Lumber News Feed

Profits up at Hardware & Lumber

daemone — Thu, 26 May 2011 09:56:06 -0500

Hardware and Lumber ended the March quarter on a positive note recording a modest profit. Profit after tax amounted to a little more than $700,000, which was a turnaround from the $10 million loss it recorded last year. Revenues were up 2% at $1.46 billion.

Dave Myrie has resigned from H&L

daemone — Wed, 06 Apr 2011 09:55:53 -0500

Dave Myrie has resigned his job as chief operating officer of Hardware and Lumber Limited, Grace-Kennedy's retail subsidiary.

His resignation took effect on March 31.

"He has received a good offer from a non-competing firm and we are happy for him," said Simon Roberts, chief executive officer of H&L.

Third Quarter Interim Financial Statements

daemone — Tue, 30 Nov 2010 09:15:53 -0600

For the three months ended September 30, 2010, the Company recorded revenues of $1,340 million and a net loss of $7 million compared to revenues of $1,420 million and a net loss of $43 million for the comparative period in 2009. For the nine months ended September 30, 2010 revenues and net loss were $4,182 million and $14 million respectively compared to revenues of $4,401 million and a net loss of $183 million for the same period in 2009.

H&L unveils first remodelled home centre

daemone — Wed, 06 Oct 2010 16:17:08 -0500

Rapid True Value, supplier of hardware and home- improvement products division of Hardware and Lumber Limited, unveiled its newly refreshed home-and-garden store at its flagship Lane Plaza store location on Thursday.

Eventually, Hardware and Lumber hopes to remodel all Jamaican stores in collaboration with its American partner.

Second Quarter Interim Financial Statements

daemone — Tue, 07 Sep 2010 14:56:01 -0500

For the three months ended June 30, 2010, the Company recorded revenues of $1,407 million and a net profit of $3.4 million compared to revenues of $1,477 million and a net loss of $27 million for the comparative period in 2009. For the six months ended June 30, 2010 revenues and net loss were $2,842 million and $6.2 million respectively compared to revenues of $2,981 million and a net loss of $140 million for the same period in 2009.

H&L Turns a profit

daemone — Fri, 30 Jul 2010 15:02:06 -0500

Hardware and Lumber Limited has realised a turnaround to a profit position of $3.4 million as a consequence of improved margin management, a reduction in interest costs and exchange gains resulting from the revaluation of the Jamaican dollar, according to CEO Simon Roberts.

The hardware giant was also buoyed by performance of its agricultural segment, which experienced a 5.1 per cent increase in revenues for the quarter ended June 2010 over the corresponding quarter of 2009.

Introducing… D-I-Y hurricane shutters in a box

daemone — Tue, 29 Jun 2010 10:40:28 -0500

In keeping with our mandate to listen and respond to our customers’ needs, Rapid True Value has expanded our product portfolio to include do-it-yourself hurricane shutters in a box. This product is an easy to install alternative to the traditional ply board used to batten down windows and doors in the event of a storm or hurricane.

Simon Roberts Appointed CEO, H&L Ltd.

daemone — Fri, 06 Nov 2009 09:33:29 -0600

Mr. Simon Roberts has been appointed to the position of Chief Executive Officer, Hardware and Lumber Ltd. effective November 1, 2009. He will transition to the GKInvestments Division from the position of General Manager, GraceKennedy Logistics Services, following a twelve year career in foods services.

Get your Christmas look and feel early

daemone — Wed, 07 Oct 2009 16:47:25 -0500

It’s October. That means we have about two more months before the Christmas shopping takes over. This is the perfect time to get all the goodies you need to make your home, car and office look and feel ‘Christmasy.’ We assume everyone knows what Christmasy means. If you happened to have hopped off the planet for a while, it’s simply making your surroundings depict the season in splendor.

Back to school shopping

daemone — Mon, 14 Sep 2009 11:44:48 -0500

There are so many things to figure out in these first few weeks of school. Rapid True Value take some of the guesswork out of shopping for the kids. Two main priorities for the school season are hardwearing, affordable bookbags, lunchbags, and water bottles.

Back to school deals

daemone — Fri, 31 Jul 2009 12:07:04 -0500

Massive Warehouse Clearance Sale

daemone — Wed, 15 Jul 2009 16:02:48 -0500