Coveronics

Coveronics Market Overview

Grips Intelligence in-store data covering January 1 to August 31, 2026 across Home Depot and Lowe's shows Coveronics, an in-house label of Chinese trading firm Ningbo QiaCheng Trading Co., operating at a premium average product price of $936.60. Home Depot accounts for 59.4% of year-to-date revenue, with Lowe's contributing the remaining 40.6%, giving the brand a fairly balanced but Home Depot–weighted retail footprint. Momentum has softened in recent months, with revenue down 4.2% month over month and 1.2% lower across the June–August tracking window. Pricing has compressed more sharply, as the average price slipped to $872.73, a 1.5% monthly decline and an 8.1% drop over the period. That combination of flat-to-negative revenue alongside falling realized prices suggests promotional pressure rather than volume-driven growth.