Pennington

Pennington Market Overview

Let me verify Pennington's ownership and public trading status before finalizing the overview.According to Grips Intelligence, Pennington—a subsidiary of Central Garden & Pet Company (NASDAQ: CENT, CENTA)—saw its in-store revenue decline 34.4% over the January 1 to June 30, 2026 period tracked across five brick-and-mortar retail channels, with the most recent month falling 28.0% against the prior month. Lowe's dominated the offline mix at 43.3% of revenue share, followed by Home Depot at 22.9%, Amazon at 16.0%, and Menards at 14.8%, while Ace Hardware trailed at just 3.0%. The average product price landed at $27.38 across the reporting window, though pricing declined 11.4% overall despite an 8.3% month-over-month uptick to $24.92 in the most recent period. Together, Lowe's and Home Depot accounted for more than two-thirds of Pennington's tracked sales, underscoring the brand's heavy reliance on big-box home improvement retail. These figures, sourced from Grips Intelligence, reflect a challenging first half marked by softening revenue and downward price pressure.