2020 New Store Performance Analysis

Competitive Level by Price Level

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

26 $1,152,461 9,367 53,978 $129.53 $21.67 151

40.3% 102%

High Comp

Level 1

48 $1,591,240 10,942 64,712 $140.27 $23.52 181

43.5% 115%

Level 2

16 $1,392,073 9,046 64,688 $154.48 $20.02 181

46.8% 92%

Ace Retail

69 $1,250,733 10,062 57,673 $135.58 $21.67 162

41.7% 118%

Low Comp

Level 1

119 $1,273,896 9,955 56,380 $134.23 $22.54 158

43.9% 114%

Level 2

28 $1,586,890 8,549 64,407 $189.44 $24.70 178

47.0% 124%

Grand Total 310 $1,337,928 9,917 58,646 $140.44 $22.50 164

44% 114%

• High comp stores at Level 2 pricing has a lower average ticket than Level 1 or Ace Retail.

• As expected, gross margin increases as pricing levels increase.

*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. High Comp means the Ace store has 1 Big Box store within a 3-mile radius or 2 Big Boxes with a 5-mile radius Low Comp means any other stores than those in the High Comp category

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