2020 New Store Performance Analysis

By Year

Avg Trans Count/ Day

12 months Completed in

Avg Retail Hardware SQFT

Avg Trans Count

Avg Sales/ SQFT

Avg % to Proforma

Median % to Proforma

Avg GM% (based on Ace Valid SKUS)

Store Count

Avg Ticket

Avg Year 1 Sales

2 ^

2015

$1,798,009 10,000 91,566 $241.86 $19.59 253

46%

151% 151%

2016

55 $1,195,357 9,053 56,196 $139.42 $20.93 158

44%

111% 102%

2017

78 $1,290,054 10,540 58,324 $131.30 $21.68 163

44%

110% 102%

2018

61 $1,212,471 9,588 57,329 $134.44 $21.50 160

44%

115% 110%

2019

54 $1,275,725 9,650 55,197 $137.30 $22.98 156

43%

108% 100%

2020

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

42%

123% 110%

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

44% 114% 104%

• Avg Sales/SQFT for 2020 increased significantly (+$21) due to increased demand from the pandemic.

• On average, Year 1 sales among stores maturing in 2020 increased 33% versus prior year as both average transaction count increased 17% and average ticket increased 14%.

*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 ^ 2 stores in 2015 represent two stores in sample that opened in January 2015 and completed 12 months of sales in December 2015

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