Consumer Pressure And Market HeadwindsThe industry has faced a range of headwinds including a pressured consumer, customers shifting towards repair rather than replacing units, a cooler summer, and a slow housing market.
GTV Growth Durability RiskOEM comments suggest HVAC challenges can threaten durability of GTV growth, causing some direct impact to numbers and indirect risk to health.
Residential HVAC Market ConcernsInvestors have grown incrementally concerned about the health of the residential HVAC market.