Globe Electric

Globe Electric Market Overview

I need to verify whether Globe Electric is publicly traded before writing the overview.Globe Electric is privately held (majority owned by Novacap), so I'll omit any ticker. According to offline retail data from Grips Intelligence covering January 1 to June 30, 2026 across Lowe's, Home Depot, Amazon, Menards, and Ace Hardware, Globe Electric is a Montreal-based, privately held company majority owned by private equity firm Novacap. Lowe's led as the brand's top sales channel with a 44.2% revenue share, followed by Home Depot at 30.4% and Amazon at 14.8%, while Menards (8.1%) and Ace Hardware (2.4%) trailed. The brand's average product price stood at $40.41, though pricing varied widely by channel, reaching over $200 for top-selling Lowe's ceiling fans while Menards' bestsellers averaged under $20. In the most recent quarter (April 1 to June 30, 2026), revenue declined 13.9% versus the prior month, contributing to an overall 8.5% drop, even as the average price ticked up 3.6% over the period to $43.14.