Generac CEO Aaron Jagdfeld on winter storm impact

Core Insights - The impact of severe winter weather on the power grid is significant, with low temperatures leading to issues like frozen pipes, which can be mitigated by backup power sources such as generators [1][2] - There is an increasing trend in the frequency and severity of climate-related events, prompting both proactive and reactive purchasing behaviors for generators among consumers [3][4] - Winter outages present unique challenges compared to summer outages, as they can be more dangerous and less survivable due to extreme cold [5][6] Inventory and Production - The company currently has a strong inventory position, benefiting from a lack of significant hurricane activity in the previous fall, which typically would have depleted stock [8][9] - The company is prepared for the current storm event, likening the planning and forecasting to that of a hurricane, indicating readiness to meet demand [9] - Tariffs have impacted production costs and pricing strategies, leading the company to adjust its supply chain while attempting to minimize price increases for customers [10][11]