Progress Lighting

Progress Lighting Market Overview

According to in-store data from Grips Intelligence covering January 1 through July 31, 2026 across Lowe's and Home Depot, Progress Lighting — a brand under privately held Coleto Brands — maintains a nearly even split between its two retail partners, with Lowe's contributing 52.7% of revenue and Home Depot 47.1%. The brand's average product price across the tracked period sits at $74.65, though pricing has trended upward, climbing 8.6% overall to reach $80.78 in the most recent month, a 4.2% month-over-month increase. Revenue, by contrast, has softened, falling 5.9% across the measurement window despite a 3.8% month-over-month rebound in the latest period. That divergence between rising prices and declining revenue suggests unit velocity is under pressure even as higher-ticket assortment mix lifts realized price points. The balanced dual-retailer footprint gives the brand relatively low concentration risk compared with peers dependent on a single home-improvement account.