Retailer-owned hardware cooperative Ace Hardware Corp., Oak Brook, IL, reported sales for the third quarter of $1.2 billion, down 3.4 percent from the same quarter a year ago. Profit decreased 7.6 percent to $50.2 million.
For the first nine months, the company reported sales of $3.7 billion, up 0.2 percent from 2015. Profit decreased 3.1 percent to $139.7 million.