Magnet Source

Magnet Source Market Overview

According to in-store data from Grips Intelligence, Magnet Source generated sales across two tracked retailers — Ace Hardware and Menards — during the period from January to April 2026. Ace Hardware dominated as the brand's primary retail channel, accounting for 71.3% of total revenue share, while Menards captured the remaining 28.7%. The brand's average product price stood at $7.93, with pricing trending upward by 5.0% over the tracked period. Despite this positive pricing momentum, Magnet Source experienced a 10.4% month-over-month revenue decline in the most recent month, though overall revenue still grew 3.4% across the full timeframe. These dynamics suggest a brand navigating a shifting pricing strategy while maintaining steady distribution across key hardware retail partners.