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- Senior Management
Smart, copy cat strategy of Beacon Roofing Supply while making "no-brainier" capital investments in IT, procurement, and new store openings with no competition in booming residential markets.
A thin margin business with poor industry conditions post the residential housing crash with no end in sight as of yet. Expect consolidation of profitable, smaller mom and pop operations with continued layoffs of blue collar workers.
Advice to Management
Management needs to think about the future. Are supplier rebates sustainable for the future? What complements roofing materials? What do you do if the roofing suppliers drop their rebates?