2020 New Store Performance Analysis

Investor Type By Price Level

Stores matured in 2020

Avg Retail Hardware SQFT

Avg Trans Count

Avg Sales/ SQFT

Avg Trans Count/ Day

Avg % to Proforma

Median % to Proforma

Avg GM% (based on Ace Valid SKUS)

Pricing Format

Store Count

Avg Year 1 Sales

Avg Ticket

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

42.6% 123% 111%

Ace Retail

15 $1,254,976 9,689 51,349 $132.73 $24.46 142

40.0% 107% 100%

Level 1

15 $2,185,609 12,268 76,711 $159.55 $26.36 216

43.2% 138% 128%

Level 2

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

45.5% 126% 98%

New Investor

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

41.7% 123% 106%

Ace Retail

6 $1,528,304 10,527 66,087 $167.75 $23.08 183

40.5% 126% 119%

Level 1

14 $1,416,048 9,096 49,720 $154.62 $28.24 138

42.3% 122% 104%

• Stores at Level 2 pricing among those maturing in 2020 are all branches. • While New Investors on Level 1 pricing generated a higher average ticket, stores at Ace Retail generated a higher average sales/sq ft and average daily transaction count. *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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