Progress Lighting

Progress Lighting Market Overview

According to Grips Intelligence in-store data covering January 1 through August 31, 2026 across Lowe's and Home Depot, Progress Lighting — a brand under Coleto Brands — splits its year-to-date revenue almost evenly between the two retailers, with lowes.com accounting for 53.3% and homedepot.com 46.5%. The brand's average product price sits at $74.72, though that figure has softened 8.0% across the June–August window tracked, falling to $71.35 in the most recent month on an 11.7% month-over-month decline. Revenue has followed a similar trajectory, dropping 11.4% versus the prior month and 8.1% over the three-month period. The near-parity between the two home improvement channels is notable, as it leaves the brand without a dominant retail partner and exposes performance to shifts at either account. Taken together, the concurrent declines in both pricing and revenue suggest mix and promotional pressure rather than a single-channel issue.