FastenMaster

FastenMaster Market Overview

According to Grips Intelligence in-store data spanning January 1 through July 31, 2026 across four tracked retail channels — Lowe's, Menards, Ace Hardware and Home Depot — FastenMaster, a division of OMG, Inc. under Steel Partners Holdings (OTCQX: SPLP), shows a highly concentrated retail footprint. Lowe's alone accounts for 57.6% of year-to-date revenue, more than triple the 16.8% held by Menards and well ahead of Ace Hardware at 15.5% and Home Depot at 10.0%. Pricing has trended upward, with the average product price reaching $20.49 for the period and climbing 8.7% overall, including a 6.8% month-over-month jump to $21.43 in the most recent month measured. That pricing strength has not translated into top-line growth, however, as revenue fell 15.2% month over month and 9.3% across the May–July tracking window. The combination of rising average prices and softening revenue suggests unit volumes are contracting faster than price gains can offset, leaving the brand's performance heavily dependent on a single dominant channel.