While no product category is absolutely recession-proof, there are a few in the home channel that come close. Paint will always sell, and weather permitting, lawn and garden is a safe bet.
Chicago-based True Value has posted first-quarter revenue of $448.2 million, up 0.1% from $447.8 million in the same period a year ago. The cooperative posted a net margin of $8.1 million in the quarter ended March 31, the same as the year-ago period.
