Capstone says industry research ‘signals strong demand cycle ahead’

Capstone Holding highlighted industry data from Zonda and Bain & Company showing that deferred exterior and outdoor remodeling demand is building into a multi-year demand cycle. Scaled distributors like Capstone are positioned to capture an outsized share. Key Highlights: Remodeling Growth to Accelerate in 2026-2027: Zonda projects +5.8% repair and remodeling growth in 2026 and +8.9% in 2027. Large exterior and professional projects are expected to lead the rebound, directly aligning with Capstone’s category strengths. Structural Tailwinds in Exterior & Outdoor Categories: Long-term trends show homeowners allocating more budget to outdoor upgrades and planned communities driving elevated year-round project activity. These developments support sustained demand in Capstone’s core categories. Rebound Exceeding Prior Cycles: Zonda data indicates that current demand deferral is expected to convert into a sharper-than-historical surge in remodeling activity, supported by favorable housing-stock fundamentals and a significant exterior-project backlog. Stronger Scale and Margins: Capstone has successfully expanded its platform, strengthened its margin profile, and scaled its capabilities across 32 states. The Company enters the next demand cycle with greater operating leverage, broader category coverage, and a more efficient distribution model. Consolidation Around Scaled Platforms: Bain & Company’s research shows value concentrating around scaled, multi-regional operators. Capstone is one of the few platforms with the reach and category depth to compete at national scale.