2020 New Store Performance Analysis

By Owner Rating

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)

Store Count

Avg Year 1 Sales

Avg Ticket

Owner Rating

BRANCH

40 $1,823,714 10,946 69,670 $158.93 $25.20 194 42.6% 123%

N/A

1 - 1.9 (ineffective)

7 $1,672,518 12,973 66,367 $126.10 $24.63 184 43.0% 104% 19 $1,626,301 9,856 64,965 $165.25 $24.56 180 43.5% 125% 14 $2,167,230 11,412 77,708 $166.75 $26.34 219 41.3% 130% 20 $1,449,725 9,526 54,630 $158.56 $26.69 152 41.7% 123% 2 $1,382,597 15,250 57,166 $89.52 $23.45 158 40.8% 76% 1 $1,268,245 7,000 52,253 $181.18 $24.27 144 45.1% 123% 8 $1,243,579 8,781 51,972 $155.06 $24.50 144 41.9% 115% 9 $1,668,047 9,196 56,694 $174.50 $29.64 158 41.4% 141%

2 - 2.9 (not very effective)

3 - 3.9 (effective) 4+ (very effective) NEW INVESTOR 1 - 1.9 (ineffective)

2 - 2.9 (not very effective)

3 - 3.9 (effective) 4+ (very effective)

• There is a similar positive correlation between more effective owners and performance metrics for both new investor and branch stores maturing in 2020.

*Sales per square foot is based off of total retail selling space

Stores opened from January 2015 – January 2020

**GM% is based off of Ace RSC stocked items only ***Includes only stores that had this question answered on new store survey

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