Magnet Source

Magnet Source Market Overview

According to in-store data from Grips Intelligence, Magnet Source generated an average product price of $7.97 across tracked retailers between January and May 2026. The brand's revenue is heavily concentrated at Ace Hardware, which accounts for 71.2% of total revenue share, followed by Menards at 28.8%. Notably, Magnet Source experienced a significant revenue decline of 24.5% over the March to May 2026 period, signaling a downward sales trend. Despite this revenue drop, the brand's average price saw a 4.6% increase over the same timeframe, suggesting a possible shift toward higher-priced product sales. These dynamics point to a brand navigating a challenging demand environment while maintaining pricing stability across its key retail partners.