Millennium Lighting

Millennium Lighting Market Overview

According to in-store data from Grips Intelligence covering January 1 through September 30, 2026 across Lowe's and Home Depot, Millennium Lighting — an own-brand subsidiary of Ferguson Enterprises (NYSE: FERG) — maintains an average selling price of $133.69. Distribution is heavily concentrated, with Lowe's accounting for 81.5% of year-to-date revenue versus 18.5% at Home Depot, leaving the brand exposed to the performance of a single retail partner. Revenue has grown 3.0% over the tracked period, though the most recent month registered a 2.9% decline against the prior month, suggesting momentum has cooled heading into the fourth quarter. Pricing has followed a similar pattern, up 2.6% overall but easing 3.4% month-over-month to $132.89. The combination of a softening price point and a concentrated channel mix will be the key variables to watch as the brand moves into 2027.