Market Overview - Battery energy storage system (BESS) capacity is predicted to grow substantially between now and 2034[8] - The global energy storage forecast includes growth in the C&I, Residential, and Utility sectors[10] Shoals' Competitive Advantages - Shoals has decades of experience navigating the energy transition[6] - Shoals' strengths in the BESS market are underpinned by product offering, customer book overlap, and innovation and partnership[19] BESS Solutions Portfolio - Shoals offers flexible, scalable components for performance, safety, and longevity in BESS solutions, including combiners & recombiners, multi-load break disconnects, custom solutions, and wiring solutions[12] Target Customers - Shoals' target customers include EPCs, systems integrators, OEMs & technology partners, and datacenter customers[16, 17]

Core Insights - Shoals Technologies Group, Inc. has released a webinar focused on Battery Energy Storage Systems (BESS) to educate stakeholders about the BESS market landscape and the company's solutions [1][2] Group 1: Webinar Details - The webinar aims to provide educational content for customers, investors, analysts, and other interested parties regarding the BESS market and Shoals' competitive position [2] - Featured speakers in the webinar include Mike Everson, BESS Account Executive, Matt Tractenberg, VP of Finance & Investor Relations, and Lindsey Williams, VP of Marketing & Communications [2] Group 2: Company Overview - Shoals Technologies Group is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market, recognized for its innovative technologies since its founding in 1996 [4] - The company focuses on enhancing installation efficiency, safety, system performance, and reliability for its customers in the renewable energy industry [4]

Shoals Technologies Group (SHLS) Update / Briefing June 29, 2025 08:00 PM ET Speaker0 Good morning and good afternoon, everyone. Thank you for joining us today. This event is designed to be an educational discussion for the investor community, media and partners. Our intention is not to imply anything with regards to financial performance. We've expressed to many of you our excitement about the opportunity within the battery energy storage solution markets and received a lot of questions in return. What do ...

After reaching an important support level, Shoals Technologies Group, Inc. (SHLS) could be a good stock pick from a technical perspective. SHLS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover i ...

Summary of Shoals Technologies Group (SHLS) Conference Call Company Overview - **Company**: Shoals Technologies Group (SHLS) - **Industry**: Clean Energy, specifically Solar Energy Solutions Key Points and Arguments Demand and Market Activity - Demand for solar projects remains very strong, with many EPC (Engineering, Procurement, and Construction) customers having full project pipelines [4][5] - The solar industry has adapted to ongoing challenges such as labor availability, supply chain issues, and permitting delays [6][7][8] Regulatory Environment - The regulatory environment is currently volatile, with changes in tariffs and investment tax credits (ITC) creating uncertainty [10][11] - The availability of ITC is expected to phase out, which could increase costs for solar projects, but demand for energy remains strong [12][13] - The company does not participate in the 45X manufacturers credits but remains optimistic about its business model [14][15] Foreign Entity of Concern (FIOC) Provision - The FIOC provision may favor Shoals by limiting competition from foreign entities, particularly from China [16][18] - Shoals manufactures all eBOS (electrical balance of systems) solutions in the U.S., positioning itself well in a domestic-focused market [17][18] Competitive Landscape - Shoals differentiates itself from competitors by offering manufactured solutions that are tested for quality, unlike insulation piercing connectors (IPCs) that require field installation [20][22] - The company is working to educate developers on the long-term benefits of its solutions compared to IPCs [25][28] Master Supply Agreements (MSAs) - Shoals has secured significant MSAs, including a 12-gigawatt deal with Blattner and a 12-gigawatt deal with UGT for international projects [29][30] - MSAs provide predictability for project timelines and supply chain management, allowing for better investment in facilities and growth [31][32] International Expansion - Shoals is targeting international markets, including Australia and Saudi Arabia, while also responding to U.S. customer demands for global projects [38][40] Warranty Issues - The company is addressing warranty issues related to defective wire and is on track to complete remediation work this year [41][42] Data Center Demand - There is a growing demand for energy driven by data centers, which is expected to continue in the coming years [45][46] - Shoals is exploring ways to adapt its products for data center applications [47] Gross Margins and Financial Outlook - The company targets gross margins in the mid-30s to high-30s percentage range in the near term, with a long-term goal of exceeding 40% [49][52] - Shoals is focused on maintaining operating profits and cash flows while managing expenses [51][54] Capital Allocation and Growth Strategy - The primary focus is on organic growth, with potential for inorganic acquisitions to enhance product offerings [60][61] - Share repurchases are also considered, but the priority remains on business growth and facility investments [62] Additional Important Content - The company is expanding its involvement with developers to ensure long-term benefits of its products are recognized [36][37] - Shoals is actively working on battery energy storage solutions, which are becoming increasingly important in solar projects [56][58]

Core Insights - Shoals Technologies Group, Inc. has appointed Bobbie L. King, Jr. as Chief Legal Officer and Corporate Secretary to enhance its legal strategy and support sustainable growth [1][2][3] Company Overview - Shoals Technologies Group is a leading provider of electrical balance of system solutions and components for the global energy transition market, including battery energy storage solutions [4] - The company has been recognized for its innovative technologies that improve installation efficiency, safety, and system performance since its founding in 1996 [4] Executive Team Enhancement - Bobbie L. King, Jr. brings over 15 years of legal and leadership experience in the clean infrastructure industry, previously serving at HA Sustainable Infrastructure Capital, Inc. and holding senior roles at NextEra Energy, Inc. and Charles River Laboratories [2][3] - The CEO of Shoals, Brandon Moss, expressed confidence in Mr. King's ability to drive operational efficiencies and support growth within the company [3]

2025年5月27日 | 晚上7:58 EDT Shoals Technologies .SHLS 虚拟投资者会议的要点；买入 | | | 我们举办了一场与SHLS首席执行官Brandon Moss及财务与投资 者关系副总裁Matt Tractenberg的虚拟投资者会议，以讨论关键 竞争动态、近期关税和政策变化的影响、近期及长期需求趋势等 议题。我们此次通话的关键要点已在文中进行了更详细的总结。 Implications Following NXT's recent acquisition of 竞争动态。 eBOS公司Bentek，人们曾担忧SHLS的竞争定位可能存在风险。然 而在我们的电话会议中，SHLS管理层讨论了Bentek历来更多地涉 及组合箱和其他电气外壳，同时还提供一种绝缘刺穿连接器（IPC ）干线总线系统，该系统很少直接与SHLS竞争。重要的是，管理 层指出Bentek的IPC产品与SHLS的BLA产品有几个关键差异，因为 后者是在现场安装而非预组装，并且不具备可持续25-30年的同等 产品质量。因此，这些产品可能更专注于小型站点或对成本更敏感 的客户，而非在速度和质量至关重要的大型项目中。 ...

Group 1: Earnings Performance - Shoals Technologies Group reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share, and down from $0.07 per share a year ago, representing an earnings surprise of -25% [1] - The company posted revenues of $80.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 9.19%, but down from $90.81 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Shoals Technologies shares have lost about 32% since the beginning of the year, compared to the S&P 500's decline of -3.9% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at $0.07 on revenues of $95.36 million, and $0.36 on revenues of $418.46 million for the current fiscal year [7] - The Zacks Industry Rank indicates that the Solar industry is currently in the bottom 18% of over 250 Zacks industries, which may impact stock performance [8] Group 3: Future Earnings Expectations - The sustainability of the stock's immediate price movement will depend on management's commentary on the earnings call and future earnings expectations [3][4] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6]

Shoals Technologies Group (SHLS) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance & Investor RelationsBrandon Moss - Chief Executive OfficerDominic Bardos - Chief Financial OfficerMichael Fairbanks - Equity Research AssociateBrian Lee - Vice PresidentColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchMaheep Mandloi - DirectorMo Chen - Equity Research Associate Conference Call Participants Philip Shen ...

Financial Data and Key Metrics Changes - The company reported revenue of $80.4 million for Q1 2025, a decline of 11.5% year-over-year, driven by product mix and strategic pricing actions [23][24] - Gross profit decreased to $28.1 million, resulting in a GAAP gross profit percentage of 35%, down from 40.2% in the prior year [23][24] - Adjusted EBITDA was $12.8 million, compared to $20.5 million in the prior year, with an adjusted EBITDA margin of 15.9% [25][26] - Net loss was $300,000 compared to net income of $4.8 million in the prior year [25] Business Line Data and Key Metrics Changes - The company experienced strong bookings of approximately $91 million, resulting in a backlog of $645.1 million and a book-to-bill ratio of 1.13 [5][31] - The adjusted gross profit percentage was softer than normal at 35%, influenced by product mix and strategic pricing initiatives [6][24] - The Community, Commercial, and Industrial (C&I) business is gaining momentum, with increased quoting activity and bookings [17][116] Market Data and Key Metrics Changes - The U.S. utility-scale solar market is projected to add between 41 to 50 gigawatts of average annual solar installations from 2025 through 2035 [36] - The company is seeing a healthy pace of project construction and tracker installations as it enters 2025 [11] - Wood Mackenzie has increased its growth estimate for the commercial market, aligning with the company's observations [17] Company Strategy and Development Direction - The company is focused on diversifying its customer base and expanding into new markets, including international projects in Australia and Chile [15][61] - Investments in domestic manufacturing and automation technologies are expected to enhance productivity and competitive positioning [10][29] - The company aims to achieve gross margins of 40% or more in the long run, with expectations of mid to high 30% gross margins for the remainder of 2025 [7][56] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the 2025 outlook, noting strong customer construction calendars and project momentum [102] - The geopolitical environment and tariff uncertainties are acknowledged, but management believes the company has limited direct exposure to these risks [9][50] - The company expects to deliver revenue in the range of $410 million to $450 million for the full year 2025, with adjusted EBITDA between $100 million and $115 million [32][33] Other Important Information - The company spent $9.5 million on wire insulation shrink back remediation during the first quarter, with a remaining warranty liability of $30.4 million [26][30] - The new manufacturing facility is expected to enhance operational efficiency and is set to begin operations by the end of Q3 2025 [29] Q&A Session Summary Question: How has the competitive landscape shifted due to tariff uncertainties? - Management noted an increase in customer inquiries and emphasized that discussions are centered around quality and service rather than tariffs [40][42] Question: Can you provide more details on the two significant wins in the BEST product line? - Management highlighted that the BEST market is substantial and growing, with wins across various channels, including solar EPCs and industrial markets [43][45] Question: What is the visibility on bookings for projects looking to start construction in 2026 and 2027? - Management indicated that while it is early to predict, the underlying demand environment remains strong, particularly driven by data centers and AI [68][70] Question: Can you elaborate on the hyperscaler contract and its product details? - Management confirmed that the products supplied are large DC combiners and recombiners, with a higher average selling price compared to traditional offerings [81] Question: What is driving demand in the Community and Industrial markets? - Management noted increased quote activity and bookings, driven by the understanding of the company's solutions and the need for smaller projects [116]