The margin compression was primarily due to a shift towards the remodeling business, which inherently has higher labor and travel costs.

Aug 14, 2024 / CFO / receipt, needs a key / Antonio Calisto-Pato, CFO | earnings call 2024-08-14 | transcript e6740f19-5c91-4cf0-8301-ed4e01996b67 | chars 7476-7612 | segment 7

The margin compression was due to a mixed shift to the remodeling business, which has higher labor and travel costs, and lower gross margin in South Africa due to additional variable expenses in the cost of sales.

May 15, 2024 / CFO / receipt, needs a key / Antonio Calisto-Pato, CFO | earnings call 2024-05-15 | transcript 4561079e-ff7f-42ea-aefb-b76cd3525783 | chars 6557-6770 | segment 6