NDS

NDS Market Overview

NDS, a subsidiary brand of Advanced Drainage Systems (NYSE: WMS), generated an average product price of $15.80 across in-store channels tracked by Grips Intelligence from January 1 to September 30, 2026. Lowe's dominates the brand's retail footprint with a 49.1% revenue share, followed by Menards at 19.4% and Home Depot at 16.4%, while Ace Hardware (9.9%) and Amazon (5.2%) round out the mix. Momentum softened over the July-September window, with revenue declining 6.8% across the period and falling 9.9% in the most recent month alone. Average selling price also trended downward, dipping 7.9% overall to $15.60, a 6.1% month-over-month decrease. The combination of concentrated retail exposure at a single dominant account and simultaneous price and revenue erosion suggests promotional pressure or a shift toward lower-priced items in the assortment.