Hotpoint

Hotpoint Market Overview

I need to verify whether Hotpoint's parent company is publicly traded before writing the overview.The data channels (Best Buy, lowes.com) indicate this is North American Hotpoint, owned by GE Appliances, a subsidiary of Haier. Haier's appliance arm is Haier Smart Home, but ownership is complex/foreign-listed and I'm not confident of a clean US ticker for this specific brand, so per instructions I'll omit it. According to offline retail data from Grips Intelligence covering January 1 to June 30, 2026 across Best Buy and lowes.com, Hotpoint carried an average product price of $425.44 while overall revenue grew 11.8% over the period. Best Buy dominated distribution with a 67.0% revenue share, followed by lowes.com at 32.9%. In the April–June 2026 window, average price fell to $471.38, a 6.2% month-over-month decline, contributing to a 9.5% overall drop in average price. Revenue also softened in the most recent month, dropping 13.6% versus the prior month even as the six-month trend remained positive. These Grips Intelligence figures underscore a brand gaining ground on volume while facing sustained pricing pressure across its two key retail channels.