2020 New Store Performance Analysis

By Investor Type

Stores matured in 2020:

Avg Retail Hardware SQFT

Avg Trans Count

Avg Sales/ SQFT

Avg Trans Count/ Day

Avg % to Proforma

Avg GM% (based on Ace Valid SKUS)

Investor Type

Store Count

Avg Year 1 Sales

Avg Ticket

40 $1,823,714 10,946 69,670 $158.93 $25.20 194

42.6% 123%

Branch

20 $1,449,725 9,526 54,630 $158.56 $26.69 152

41.7% 123%

New Investor

Grand Total

60 $1,699,051 10,473 64,657 $158.80 $25.70 180

42.3% 123%

Branch Advantage

26%

28% 0.2%

28% 90 bps

0 ppts

• Branch stores matured in 2020 continue to outperform New Investor stores • Branch stores outperform New Investor stores by a slim margin in terms of sales/sq ft, but benefit the most from generating a higher average daily transaction count.

• New Investor stores maturing in 2020 had a stronger average ticket versus branch stores.

*Sales per square foot is based off of total retail selling space **GM% is based off of Ace RSC stocked items only

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