KingCord

KingCord Market Overview

KingCord, a brand of The MIBRO Group under Richelieu Hardware (TSX: RCH), generated the vast majority of its tracked sales through Menards, which accounted for 90.9% of year-to-date revenue versus 9.1% at Home Depot, according to Grips Intelligence in-store data spanning January 1 to August 31, 2026 across both retail channels. Revenue softened over the summer, falling 9.0% month over month and 25.6% across the three-month window from June through August 2026. Average selling prices moved in the opposite direction, rising 11.9% in the latest month to $7.46 and gaining 9.0% overall during the same period. That price strength contrasts with a blended average product price of $6.65 for the year to date, suggesting a shift in mix toward higher-priced items. The two channels also differ sharply in assortment positioning, with Home Depot's leading items priced well into the double and triple digits while top Menards listings cluster near $3.55.