The 2021 Cost of Doing Business Study presents the North American Hardware and Paint Association's(NHPA) annual financial and operational profile of independent hardware stores,home centers,lumber and building materials outlets and paint and decorating outlets.(Data for hardware stores,home centers and lumber and building material outlets is not included here.To see those metrics,visit PDRmag.com/codb-data.) This study assesses the financial performance of home improvement retailers who graciously submitted confidential financial reports for fiscal year 2020 to NHPA.The study presents composite income statements and balance sheets plus averages for key financial performance ratios.Retailers can use this data to measure their own performance against industry averages and establish financial plans to improve profitability.
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