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Service Master has taken a hit

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  • Service Master has taken a hit

    Have the same things that have effected Service Master's profits this quarter, effected your business as well?

    ServiceMaster net falls short - ServiceMaster Co., owner of lawn-care business TruGreen ChemLawn and Terminix pest-control service, said Wednesday that third-quarter profit fell below company forecasts because of hot weather. The Downers Grove-based company estimated that income from continuing operations fell to 20 cents to 21 cents a share from 23 cents a share a year earlier. It will release its final results Nov. 1.

    Hot, dry weather brought more service calls for TruGreen ChemLawn, increasing costs for the nation's largest lawn-care business. The dry conditions also resulted in smaller-than-average termite swarms, which reduced demand for Terminix's services. Shares fell 54 cents, or 4.7 percent, to $10.91, on the New York Stock Exchange.
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  • #2
    I didn't know that Terminix was part of them as well.

    Wow! They have the whole area wrapped up just about.

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    • #3
      And yet still their profits were down.
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