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Pool Corporation - $POOL STOCK NEWS

Welcome to our dedicated page for Pool Corporation news (Ticker: $POOL), a resource for investors and traders seeking the latest updates and insights on Pool Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pool Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pool Corporation's position in the market.

Rhea-AI Summary

Pool announced an increase in its share repurchase program to $600.0 million, adding $316.2 million to the existing program. Additionally, the quarterly cash dividend was raised by 9% to $1.20 per share. The company's strong dividend growth history was highlighted, with this being the 19th increase since 2004. The Annual Meeting of Stockholders resulted in the election of directors and positive votes on key matters.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
buyback dividends
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Rhea-AI Summary

Pool (Nasdaq:POOL) will be presenting at the Oppenheimer 19th Annual Industrial Growth Conference with Melanie M. Hart, Vice President and Chief Financial Officer, on May 6, 2024. The company is the largest wholesale distributor of swimming pool and related backyard products, operating in North America, Europe, and Australia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
conferences
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Rhea-AI Summary
Pool reported strong first-quarter results with net sales exceeding $1.1 billion, operating income of $108.7 million, and net cash provided by operations improving by 41%. Despite challenges from macroeconomic conditions and weather, the company remains focused on strategic goals, including organic growth and customer convenience. Gross profit decreased by 8%, while operating expenses increased by 3%. Net income decreased by 22%, with earnings per diluted share at $2.04. The company updated its annual earnings guidance range to $13.19 to $14.19 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
Rhea-AI Summary
Pool (POOL) to Release Q1 2024 Earnings on April 25, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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-
Rhea-AI Summary
Pool Corporation's CFO to participate in Loop Capital Markets 2024 Investor Conference. Pool Corporation is the leading distributor of swimming pool products with a vast network of sales centers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
conferences
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Rhea-AI Summary
Pool Corporation (POOL) declares a quarterly cash dividend of $1.10 per share, payable on March 28, 2024. POOLCORP is the largest wholesale distributor of swimming pool products, operating 440 sales centers globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
dividends
Rhea-AI Summary
Pool Corporation (POOL) will host an Investor Day on March 19, 2024, featuring key executives presenting strategic initiatives and financial growth drivers. The event will be held in Austin, TX, with a live webcast available for investors. POOLCORP is a leading distributor of swimming pool and backyard products, serving over 125,000 wholesale customers globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
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Rhea-AI Summary
Pool Corporation (POOL) announces annual net sales of $5.5 billion, operating income of $746.6 million, and diluted EPS of $13.35 for 2023. The company experienced a 10% decrease in net sales due to unfavorable weather and slow pool construction. Despite challenges, Pool Corporation remains optimistic for 2024 with an EPS guidance range of $13.10 - $14.10.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.58%
Tags
-
Rhea-AI Summary
Pool Corporation (POOL) will release its full year and fourth quarter 2023 earnings results on February 22, 2024, and will hold a conference call to discuss the results. The company is the world’s largest wholesale distributor of swimming pool and related backyard products, operating approximately 435 sales centers in North America, Europe, and Australia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
News
Rhea-AI Summary
National Pool Tile (NPT) (NASDAQ: POOL) opens a new pool product design center in Austin, TX, offering an immersive pool design experience with nearly 500 products on display. The center aims to transform the way pools are designed and built by providing a destination for both pool builders and customers to experience products first-hand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
none
Pool Corporation

Nasdaq:POOL

POOL Rankings

POOL Stock Data

14.02B
37.18M
2.95%
106.27%
9.11%
Sporting and Recreational Goods and Supplies Merchant Wholesalers
Wholesale Trade
Link
United States of America
COVINGTON

About POOL

with more than 3,400 employees and over 300 locations worldwide, poolcorp leads the pack as the world's largest wholesale distributor of swimming pool supplies, equipment and related leisure products. our inventory includes a diverse range of products, from construction materials, replacement parts and fencing to pool care products and spas, with roughly 80,000 wholesale customers around the world. poolcorp offers a continuously expanding roster of products to its customers. there are presently more than 160,000 national brand and private label products in our network’s inventory. poolcorp constantly strives to locate products at the lowest possible cost, while at the same time maximizing supply logistics to deliver the best value to our customers. since our founding, poolcorp’s singular focus has been exceptional value. we are dedicated to promoting growth for our customers’ businesses, expanding opportunities for our employees and increasing returns for our shareholders.