Hoover

Hoover Market Overview

According to Grips Intelligence in-store data covering January 1 through September 30, 2026 across Amazon, menards.com, lowes.com and homedepot.com, Hoover — owned in North America by Techtronic Industries (HKG: 669) — maintained an average selling price of $89.02. Distribution is heavily concentrated, with Amazon accounting for 81.2% of year-to-date revenue, followed by menards.com at 9.4%, lowes.com at 5.2% and homedepot.com at 3.4%. Pricing has softened considerably, with the average price falling 15.3% over the tracked period to $82.49, including a 2.9% month-over-month decline in the most recent period. Despite that pressure, the latest month delivered 21.2% revenue growth versus the prior month, leaving overall revenue essentially flat at -0.4%. The combination of a single dominant channel and a double-digit price decline suggests Hoover is defending volume share rather than margin heading into the final quarter.