Spruce

Spruce Market Overview

I need to verify whether Spruce is publicly traded before writing the overview.The search results relate to unrelated "Spruce" companies (solar power, title services, DVD software), none of which match this hardware/home improvement brand sold at Lowe's, Ace Hardware, and Menards. I cannot confidently confirm a stock ticker, so I'll omit it. Spruce demonstrated strong momentum in offline retail, with Grips Intelligence data showing overall revenue growing 48.1% across the January 1 to June 30, 2026 period, tracked across lowes.com, acehardware.com, and menards.com. According to Grips Intelligence, Lowe's was the dominant channel, capturing 51.5% of revenue share, followed by Ace Hardware at 29.2% and Menards at 18.8%. Pricing also trended upward, with the average product price rising 9.6% overall to settle around $25.69. In the most recent quarter, the average price reached $26.97, reflecting a 6.3% month-over-month increase even as revenue dipped slightly by 2.3% versus the prior month. Together, these Grips Intelligence datapoints highlight a brand gaining pricing power and revenue scale while maintaining a heavy concentration in its top in-store channel.