2020 New Store Performance Analysis

By Price Level

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)

Pricing Format

Store Count

Avg Year 1 Sales

Avg Ticket

Ace Retail

21 $1,333,070 9,929 55,560 $142.74 $24.07 154

40.2% 112%

Level 1

29 $1,814,097 10,737 63,681 $157.17 $27.27 178

42.8% 130%

Level 2

10 $2,133,980 10,849 86,591 $197.29 $24.55 240

45.5% 126%

Grand Total

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

42.3% 123%

• The trend remains the same for stores maturing in 2020.

• While fewer stores (10) are at Level 2 pricing, these stores achieve the highest avg sales/sq ft, avg daily transaction counts and GM% versus stores at Level 1 or Ace Retail.

*Sales per square foot is based off of total retail selling space *GM% is based off of Ace RSC stocked items only *Price Level was determined from Ace-housed data obtained at store activation. Pricing level for stores with differing pricing levels by department is based on the pricing level most prominent among the departments.

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