Pool

Pool Corp. engages in the wholesale distribution of swimming pool supplies, equipment, and related leisure products. It also offers non-discretionary pool maintenance products such as chemicals and replacement parts, discretionary products like packaged pool kits, whole goods, irrigation, and landscape products, including a complete line of commercial and residential irrigation products and parts, power equipment for the professional landscape market, specialty products such as outdoor lighting, grills, and outdoor kitchen components, and golf irrigation and water management products. The company was founded in 1993 and is headquartered in Covington, LA.

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Earnings data Q4 2024

Pool Corporation reports stellar 2022 performance amidst cautious 2023 outlook

Pool Corporation delivered exceptional financial results in 2022, driven by strong sales growth and improved margins. While challenges are anticipated for 2023, the company remains confident in its outlook and strategic initiatives to drive future growth and market share gains.

Pool Corporation faces revenue decline due to weather challenges in Q1 2023

Pool Corporation faced challenges from adverse weather impacting revenue and new pool construction demand, leading to a guidance reduction for 2023.
Despite these challenges, the company demonstrated strengths in share gains, expansion plans, inventory management progress, and strong cash flow expectations.
Opportunities lie in anticipated modest growth in the second half, backlogs on projects, market expansion, and positive customer reception to drive future performance.
Overall, Pool Corporation's performance in Q1 2023 reflects resilience amidst challenges and strategic positioning for growth opportunities in the market.

Pool Corp (POOL) reports robust Q2 earnings amidst market challenges

Pool Corporation (POOL) reported strong Q2 2023 earnings, with $1.9 billion in net sales, despite weather challenges and regional sales variations.
The company showcased effective cost management, growth focus, and customer experience enhancements, driving sales and market share growth.
Challenges in lower-end construction, regional sales declines, and weather impacts were noted, alongside opportunities in new construction reacceleration and market share expansion.
POOLCORP's strengths in unique offerings, management expertise, and strategic initiatives position it well to navigate challenges and capitalize on growth opportunities in the industry.

Pool Corp reports mixed Q3 results, focuses on expense management

Pool Corporation reported mixed Q3 2023 results with sales decline but improved operating income. The company demonstrated strong expense management and inventory control, generating record operating cash flow. Strategic expansion through acquisitions and new locations positions Pool Corporation for future growth.
Despite challenges from competitive pressures and margin impacts, Pool Corporation has opportunities to optimize expenses, drive growth through product demand, and expand market presence. Management's focus on adjusting expenses based on sales volumes and commitment to margin improvement are key strengths.

Pool Corp reports solid 2023 performance amidst sales challenges

Pool Corporation's Q4 2023 earnings call highlighted a mix of strong performance, challenges, and opportunities. While facing sales declines in key segments and regions, the company remains focused on growth through technology investments and customer service excellence. Anticipated sales increases in 2024 and a focus on long-term strategies position Pool Corp for continued success.

Pool Corp reports Q1 sales dip, eyes remodels for growth

Pool Corporation's Q1 2024 performance reflects mixed sales results across regions and product segments.
Challenges include declining new pool construction permits and margin pressures.
Strategic strengths lie in customer-centric initiatives and aftermarket business focus.
Opportunities exist in pool remodels, talent retention, and tech investments for growth.

Pool Corp reports Q2 sales decline, eyes digital growth opportunities

Pool Corporation faced challenges with sales decline, margin compression, and lower earnings per share in Q2 2024.
Despite challenges, the company showed strengths in digital platform adoption, shareholder returns, and Florida sales resilience.
Opportunities lie in leveraging weather conditions, optimizing digital platforms, addressing European market challenges, and exploring new markets.
Overall, Pool Corporation's performance reflects a mix of challenges and strengths with potential for growth and improvement.

Pool Corp reports steady Q3 performance, eyes growth opportunities

Pool Corporation's Q3 2024 earnings call highlighted solid performance in maintenance-related sales, challenges in discretionary product sales, and progress on strategic initiatives. The company maintained its full-year diluted earnings per share guidance range and discussed future growth opportunities in the industry.

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The stocks of companies that make swimming pools and related equipment were sharply lower Tuesday, after industry leader Pool Corp. issued a profit warning for 2024, citing weak demand for new pools.

People aren't spending on swimming pools right now, an industry-leading company warns

Pool Corporation (POOL) shares sank in intraday trading Tuesday, a day after the distributor of pool products slashed its guidance as economic conditions have led to a pullback in consumer discretionary spending and cut into demand.

Pool Corporation Slashes Outlook as Economic Conditions Hurt Sales

POOL Corporation shares have underperformed the market, losing 5% in the past year during a bull market, and POOL significantly cut guidance, leading to a 10% drop after hours. Pool construction activity is particularly weak, more than offsetting stability in maintenance-related work. Slow income growth, high rates, and decreased construction activity may continue to impact POOL's performance, making it an unattractive investment at 26x earnings.

Pool Corporation's Q2 Guidance Cut Indicates Further Weakness

Pool Corp. POOL, -0.00%, a distributor of swimming-pool supplies, slashed its profit outlook for this year, citing “persistently weak” demand for new pool construction as more expensive basics weigh on discretionary spending. The company said it expected per-share profits of $11.04 to $11.44, down from an earlier outlook of $13.19 to $14.19.

Pool Corp. slashes profit outlook, citing ‘persistently weak' demand for new swimming pools

Highlights Non-discretionary and recurring pool maintenance and repair demand is solid with company execution on track for continued organic share expansion; discretionary pool spending, however, continues to be hampered by the macroeconomic environment Seasonally significant Q2 2024 revenues are below previous expectations driven by lower new pool construction and remodel activity YTD net sales, although sequentially better than Q1 2024, are trending down around 6.5%; full year 2024 net sales are now expected to be in a similar range Annual earnings guidance range lowered to $11.04 to $11.44 per diluted share from previous range of $13.19 to $14.19 COVINGTON, La., June 24, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) today provided an update on the swimming pool season and revised its 2024 earnings guidance.

Pool Corporation Provides Swimming Pool Season Update and Revises 2024 Guidance

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COVINGTON, La., June 05, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors (the Board) appointed Kevin M. Murphy to serve as a director upon recommendation of the Nominating and Corporate Governance Committee. The Board appointed him to serve effective June 3, 2024, until the 2025 annual meeting of shareholders, at which time he will stand for election by Pool Corporation's shareholders. With this appointment, the Board increased its size from eight to nine members.

Pool Corporation Announces Director Appointment

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ASO or POOL: Which Is the Better Value Stock Right Now?

POOL benefits from the POOL360 platform, expansion strategy and solid brand presence. However, softness in new pool construction and high costs remain a concern for the company.

POOL Gains From POOL360 Platform, Expansion Amid High Costs

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Pool's sales are down over the last two years, and analysts are troubled with this weak demand. In certain profit metrics, the company is doing better than ever, pointing to ongoing strength in the business.

Why Pool Stock Dropped 10% Last Month

COVINGTON, La., May 01, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors (the Board) has authorized an increase in the company's share repurchase program to $600.0 million. As of May 1, 2024, this adds $316.2 million to the $283.8 million remaining under its existing share repurchase program for the purchase of the company's common stock in the open market at prevailing market prices. The share repurchase program will continue until otherwise modified or terminated by the Board at any time in its sole discretion.

Pool Corporation Announces an Increase in Its Share Repurchase Program, Growth of Its Quarterly Cash Dividend and 2024 Annual Meeting of Stockholders Voting Results

COVINGTON, La., April 29, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq:POOL) announced today that Melanie M. Hart, Vice President and Chief Financial Officer, will be participating in the Oppenheimer 19th Annual Industrial Growth Conference. A virtual presentation will be given on Monday, May 6, 2024, at 12:45 p.m. Eastern Time. Informational materials used during the conference will be posted on the Investor Relations section of POOLCORP's website.

Pool Corporation to Present at the Oppenheimer 19th Annual Industrial Growth Conference

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Pool Corp's (POOL) first-quarter 2024 top line reflects lower sales volume from reduced pool construction activities.

Pool Corp (POOL) Q1 Earnings Miss Estimates, Decline Y/Y

Pool Corporation (NASDAQ:POOL ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Melanie Hart - Vice President & Chief Financial Officer Peter Arvan - President & Chief Executive Officer Conference Call Participants David Manthey - Baird Ryan Merkel - William Blair Susan Maklari - Goldman Sachs Scott Schneeberger - Oppenheimer Garik Shmois - Loop Capital David MacGregor - Longbow Research Steve Volkmann - Jefferies Andrew Carter - Stifel Operator Good day, and welcome to the Pool Corporation First Quarter 2024 Conference Call. All participants will be in listen-only mode.

Pool Corporation (POOL) Q1 2024 Earnings Call Transcript

Pool Corp increased its full-year profit forecast on Thursday, as the company expects sales and gross margin trends to improve with a return to seasonal buying patterns.

Pool Corp upgrades full year profit forecast as seasonal buying patterns return

Highlights Net sales of $1.1 billion exceeded $1.0 billion in the first quarter for the fourth consecutive year Operating income of $108.7 million with a solid operating margin of 9.7% Net cash provided by operations improved 41% to a Q1 record $145.4 million Q1 2024 diluted EPS of $2.04 or $1.85 without tax benefits Updates annual earnings guidance range to $13.19 to $14.19 per diluted share to reflect additional tax benefits COVINGTON, La., April 25, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) today reported results for the first quarter of 2024.

Pool Corporation Reports First Quarter Results

Pool Corp's (POOL) first-quarter 2024 results are likely to reflect low pool construction and maintenance activities, along with high costs and expenses.

Pool Corp (POOL) to Report Q1 Earnings: Here's What to Expect

Pool Corp (POOL) is hurt by weakness in new pool construction-related activities and a challenging macroeconomic environment.

Softness in New Pool Construction Hurts Pool Corp (POOL)

Pool Corporation had a strong performance during COVID, but in Fiscal Year 2023, its revenue and earnings dropped. The performance pullback during 2023 shall not constitute any fundamental issue regarding its long-term development. Down 5% year to date, the pool equipment distributor is now trading at a level near its 5-year price-to-earnings ratio and EV/EBITDA.

Pool Corporation: A Stagnant 2024 Expected

COVINGTON, La., April 11, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that the Company will release its first quarter 2024 earnings results before the market opens on April 25, 2024, and will hold a conference call to discuss the results at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) that same day.   The earnings release as well as a live webcast and replay of the conference call will be available on the Company's website at www.poolcorp.com. The conference call can also be accessed by dialing 1-888-348-8936 (domestic) or 1-412-902-4265 (international).

Pool Corporation Announces First Quarter 2024 Earnings Release Date and Conference Call

Pool Corp. (POOL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Pool Corp. (POOL) to Report a Decline in Earnings: What to Look Out for

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News for Pool Stock (POOL)