Do it Best

OverviewSuggest Edit

Do it Best Corp (formerly known as Hardware Wholesalers) is a company that distributes building and construction products. The company supplies lumber, hardware, and building materials.

TypePrivate
Founded1945
HQFort Wayne, IN, US
Websitedoitbestonline.com
Employee Ratings3.3

Recent NewsAll News

Latest Updates

Employees (est.) (Nov 2021)1,054(+2%)
Job Openings45
Revenue (FY, 2019)$3.3 B(-5%)
Cybersecurity ratingCMore
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Key People/Management at Do it Best

Tim Miller

Tim Miller

Vice President of Logistics
Nick Talarico

Nick Talarico

Vice President of Sales & Business Development
Steve Markley

Steve Markley

Executive Vice President of Operations
Doug Roth

Doug Roth

Vice President of Finance and CFO
Dan Starr

Dan Starr

President & CEO
Dent Johnson

Dent Johnson

Vice President of Merchandising
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Do it Best Office Locations

Do it Best has offices in Fort Wayne, Burnsville, Dixon, Lexington and in 6 other locations
Fort Wayne, IN, US (HQ)
6502 Nelson Rd
Burnsville, MN, US
Cobblestone Ln
Dixon, IL, US
816 W Progress Dr
Lexington, SC, US
170 Longs Pond Rd
Medina, OH, US
444 Independence Dr
Mesquite, NV, US
1450 W Pioneer Blvd
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Do it Best Financials and Metrics

Summary Metrics

Founding Date

1945
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Do it Best Revenue

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Do it Best's revenue was reported to be $3.35 b in FY, 2019 which is a 5.9% decrease from the previous period.
USD

Revenue (FY, 2019)

3.3b

Revenue growth (FY, 2018 - FY, 2019), %

(5.9%)

Gross profit (FY, 2019)

205.4m

Gross profit margin (FY, 2019), %

6.1%

Net income (FY, 2019)

1.5m

EBIT (FY, 2019)

127.7m

Cash (29-Jun-2019)

99.6m
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.9b3.1b3.6b3.3b

Revenue growth, %

5%15%(6%)

Cost of goods sold

2.7b2.9b3.4b3.1b

Gross profit

192.3m182.9m190.8m205.4m
USDFY, 2017FY, 2018FY, 2019

Cash

42.1m64.1m99.6m

Accounts Receivable

345.3m344.1m315.4m

Prepaid Expenses

721.0k622.0k203.0k

Inventories

262.8m281.1m282.0m
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

671.0k27.0k(5.7m)1.5m

Depreciation and Amortization

11.2m12.6m12.6m13.2m

Inventories

13.8m(18.1m)(18.3m)(905.0k)

Accounts Payable

(22.3m)(83.9m)9.4m(9.2m)
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Do it Best Operating Metrics

Nov, 2019

Patents Issued

2

Trademarks

61
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Do it Best Acquisitions / Subsidiaries

Company NameDateDeal Size
Do It Best Commerce Company, LLC

Do it Best Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Do it Best Online and Social Media Presence

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Do it Best Blogs

How America’s biggest & best hardware store got better

What do you do next when you’re already the largest independent home improvement store in the US? That’s what the next-generation leadership team has tackled at Hartville Hardware in Ohio. Through innovation, reinvention, and focused training, they continue to provide a fresh, exciting experience fo…

Top Gun focused on growth

Sunpro’s Greg Templeman, a 2021 NHPA Top Gun recipient, is committed to comprehensive service and strategic investment. Read how he and his team drive growth by rewarding loyalty from their pros and contractors in this feature story from Hardware Retailing. The post News first appeared on Do it Best…

Embracing the next generation

Alex McGehee, owner of Anchor Lumber in Silvis, Illinois, shares his insights on attracting and embracing the next generation of lumberyard workers. Read his full story in LBM Journal. The post News first appeared on Do it Best.

Fall market fuels members’ growth

The Do it Best Fall Market made a triumphant return to Indianapolis for the first in-person market since February 2020. Our industry media was there to cover it from start to finish. Check out these stories that highlighted our record-shattering year, our new store design launch, and the many opport…

A beacon in the community

Sharona and Cecil Eiserer entered the home improvement industry with the singular goal of saving their town’s local lumberyard. But their vision soon expanded to create a regional destination home center and rental business that earned them the 2021 Beacon Award for Best New Store. Read their full s…

Diversification drives Hills Flat Lumber

With a focus on building long-term relationships and diversifying their expansive services, Hills Flat Lumber, led by Do it Best Member-owner Jeff Pardini, demonstrates how independent lumberyards can thrive for 100 years. Read the full story in LBM Journal. The post News first appeared on Do it Bes…
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Do it Best Frequently Asked Questions

  • When was Do it Best founded?

    Do it Best was founded in 1945.

  • Who are Do it Best key executives?

    Do it Best's key executives are Tim Miller, Nick Talarico and Steve Markley.

  • How many employees does Do it Best have?

    Do it Best has 1,054 employees.

  • What is Do it Best revenue?

    Latest Do it Best annual revenue is $3.3 b.

  • What is Do it Best revenue per employee?

    Latest Do it Best revenue per employee is $3.2 m.

  • Who are Do it Best competitors?

    Competitors of Do it Best include The Home Depot, Builders FirstSource and ABC Supply.

  • Where is Do it Best headquarters?

    Do it Best headquarters is located at 6502 Nelson Rd, Fort Wayne.

  • Where are Do it Best offices?

    Do it Best has offices in Fort Wayne, Burnsville, Dixon, Lexington and in 6 other locations.

  • How many offices does Do it Best have?

    Do it Best has 10 offices.