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  "documentTitle": "Resideo Technologies, Inc. (REZI)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2026-01-27 00:00:00",
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  "notes": "Uses a side-by-side screenshot comparison to highlight the disadvantage of buying through ADI versus direct from the manufacturer.",
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      "text": "We believe the issues at SnapAV are just a microcosm of ADI’s overall problem. For example, one of the growing issues can be seen with Samsung, which ADI lists as a “Featured Brand”. Samsung also offers products direct and is actively promoting its “Business Account” program that offers volume discounts and financing options.",
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      "text": "More Evidence That ADI Has A Weakening Edge",
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