GRX, a brand of Shimano, Inc. (TYO: 7309), posted in-store results tracked by Grips Intelligence across menards.com and lowes.com from January 1 to July 31, 2026. Distribution is highly concentrated, with Menards accounting for 94.5% of year-to-date revenue and Lowe's contributing the remaining 5.5%. Momentum has weakened sharply, as revenue fell 47.7% over the tracked period and declined a further 17.8% month over month in the most recent reading. Pricing has moved in the opposite direction, with the average price rising 9.5% month over month to $4.86 and gaining 4.6% overall, above the $4.53 period average. The combination of rising prices and falling revenue suggests unit volumes, rather than price positioning, are driving the brand's recent softness.
OVER TIME
Over the last three months, revenue on tracked channels has declined by 48% from May to Jul.
OVER TIME
Over the last three months, average selling price on tracked channels has increased by 5% from May to Jul.
REVENUE SHARE
Revenue distribution across product categories for GRX on Menards.
REVENUE SHARE
Revenue distribution across tracked channels for GRX.
BY REVENUE
GRX sells 6% online and 94% offline. Online runs through 1 channel; offline through 1.
Online
6%
94%
Offline
Online channels
6%
Offline channels
94%
BY REVENUE
$149.99
Price
Revenue
$329.99
Price
Revenue
$89.99
Price
Revenue
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