Pros
Pros: - Family-oriented culture, although this is changing for the worse - Throws the biggest, baddest party (hot ticket) annually at the big solar industry show - Well-funded R&D (but not sure if this is true any longer)
Cons
Cons: - Major management turnover, especially in the executive ranks. The former CEO, who now heads a competing company, has cherry-picked the best employees from Shoals. - Although Shoals used to be a high flyer in the solar industry, highly profitable, and with very promising expansion opportunities, this has mostly not played out well for Shoals since the IPO in 2021, and they are losing both margin and market share at an alarming rate. - Serious product quality issues leading to recalls and lawsuits. - Poor employee compensation, especially since a good chunk of the compensation for management employees is based on stock equity, which has been going steadily downward. - Benefits sub-par - Major morale issues. People see the writing on the wall.