KingCord

KingCord Market Overview

KingCord, a brand of The MIBRO Group, which was acquired by Toronto Stock Exchange-listed Richelieu Hardware (TSX: RCH), shows a heavily concentrated retail footprint according to in-store data from Grips Intelligence covering January 1 through July 31, 2026 across Menards and Home Depot. Menards accounts for 91.8% of year-to-date revenue, leaving Home Depot with just 8.2% and making the brand's performance largely dependent on a single retail partner. Revenue softened over the tracked window, falling 18.2% month-over-month and 19.3% overall between May and July 2026. Average product price sits at $6.51, having edged up 4.1% across the timeseries period despite a 2.6% monthly dip to $6.67. The two channels also occupy very different price tiers, with Menards' top sellers clustering around $3.55 while Home Depot's leading items range from roughly $82 to $223, pointing to a bulk-oriented assortment strategy there.