I sell Hurricane impact windows for a large contracting company in South Florida. Windows cost 2-3K/each installed…

PGT was the juggernaut for years. Every consumer demanded PGT windows. Then COVID happened, and every company out there couldn’t deal with 6-8 month lead times combined with monthly price increases that effectively doubled cost of windows. A 112% increase over the last 1.5 years, for reference.

A company named ES Windows (energecia solar) started heavily distributing and targeting the US market with Columbia made glass.

That is the only product I see now in this market by virtually every supplier and they have all of the approvals required by code. They are 1/2 the cost, have more options, and their lead times are now equal to PGT Windows. About 3-4 weeks. They actually care about their warranty as well and it’s easier to file claims via the reps in place. They have their own distribution price issues, but I would be certain that the market share they captured is well over 30% in total.

It’s all I see daily. You should see our warehouse which was dedicated to PGT for years and now it’s a struggle to find them. Other companies are similar.

This stock may be about to take a revenue hit. Thoughts?

TL:DR the competition MAY chew this company up on earnings crushing analyst expectations.