__timestamp | ITT Inc. | Pool Corporation |
---|---|---|
Wednesday, January 1, 2014 | 519500000 | 454470000 |
Thursday, January 1, 2015 | 441500000 | 459422000 |
Friday, January 1, 2016 | 444100000 | 485228000 |
Sunday, January 1, 2017 | 433700000 | 520918000 |
Monday, January 1, 2018 | 427300000 | 556284000 |
Tuesday, January 1, 2019 | 420000000 | 583679000 |
Wednesday, January 1, 2020 | 347200000 | 659931000 |
Friday, January 1, 2021 | 365100000 | 786808000 |
Saturday, January 1, 2022 | 368500000 | 907629000 |
Sunday, January 1, 2023 | 476600000 | 912927000 |
Monday, January 1, 2024 | 502300000 |
Unleashing insights
In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Pool Corporation and ITT Inc. have demonstrated contrasting strategies in optimizing these costs. From 2014 to 2023, Pool Corporation's SG&A expenses surged by approximately 101%, reflecting its aggressive growth strategy. In contrast, ITT Inc. managed to reduce its SG&A expenses by about 8%, showcasing a more conservative approach.
In 2014, ITT Inc. led with higher SG&A costs, but by 2023, Pool Corporation's expenses had nearly doubled, surpassing ITT Inc. This shift highlights Pool Corporation's expansion efforts, while ITT Inc. focused on efficiency. As businesses navigate economic challenges, these insights offer valuable lessons in cost management strategies.
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