Magnet Source

Magnet Source Market Overview

Magnet Source demonstrated modest offline revenue growth of 2.7% month-over-month in the most recent period, though overall performance from January to June 2026 showed a 5.2% decline, according to Grips Intelligence data tracking Ace Hardware and Menards. Ace Hardware dominates the brand's in-store distribution with 72.1% of revenue share, while Menards accounts for 27.9%, with products ranging in price from $3.93 to $16.46 across the two channels. The brand maintained a consistent average product price of approximately $8 throughout the period, despite minor seasonal fluctuations in pricing trends. Top-performing SKUs include specialized magnets and magnetic retrieval tools across both retailers, reflecting demand for functional hardware products in the retail segment.