Veradek

Veradek Market Overview

According to Grips Intelligence in-store data from January to May 2026 across Home Depot, Lowe's, and Amazon, Veradek — a Toronto-based outdoor living brand — saw its revenue grow 32.0% over the tracked period, signaling strong seasonal momentum heading into spring and summer. Home Depot dominates as Veradek's leading retail partner, capturing 54.4% of total revenue share, followed by Lowe's at 38.0%, while Amazon accounts for just 7.6%. The brand's average product price sits at $90.57, though pricing dipped slightly by 2.9% over the period, suggesting potential promotional activity or shifting product mix. With over 92% of its revenue concentrated across Home Depot and Lowe's, Veradek's distribution strategy remains firmly anchored in the home improvement channel. This retailer-heavy footprint, combined with its robust revenue growth, positions Veradek as a brand gaining meaningful traction in the competitive outdoor living category.