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  "docSlug": "c1709c763a52",
  "documentTitle": "Resideo Technologies, Inc. (REZI)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2026-01-27 00:00:00",
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  "pageNumber": 60,
  "pageCount": 93,
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  "slideType": "villain_critique",
  "function": "name_villain",
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  "nDataPoints": 1,
  "notes": "Uses a visual comparison of three e-commerce screenshots to expose price discrepancies.",
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      "kind": "callout",
      "text": "REZI’s “Exclusive Brands” growth story is not by accident. We believe it is because it has little edge in many brands it sells.",
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      "text": "SnapAV website screenshot",
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      "text": "Amazon website screenshot",
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      "kind": "image",
      "text": "Sunbrite manufacturer website screenshot",
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      "kind": "paragraph",
      "text": "REZI’s “Exclusive Brands” growth story is not by accident. We believe it is because it has little edge in many brands it sells. As an example, why would a customer go through a middleman like SnapAV to purchase a TV when it can be purchased directly from the manufacturer at 40% off list price? Moreover, many products are also available through Amazon. At a minimum, it is easy for their customers to price compare Snap’s products in categories such as cables, speakers, wires, cameras, wall mounts, etc.",
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      "kind": "source-note",
      "text": "Source: SnapAv.com, Amazon, SunbriteTV",
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      "kind": "title",
      "text": "What Edge Does SnapAV (Part of ADI) Really Have?",
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