Question · Q3 2024
Chirag Patel from Jefferies asked for an update on the competitive landscape, specifically inquiring about any business impact from the actions of competitor SRS.
Answer
President and CEO Peter Arvan responded that there was nothing new to report regarding competitive dynamics and that they have not experienced any significant changes. He noted that the industry is inherently more competitive when demand is contracted, but the company competes on value and customer experience, not price, a situation they have managed successfully in the past.
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