Pool Stock Price, News & Analysis

Pool Corporation (NASDAQ: POOL) has declared a quarterly cash dividend of $0.80 per share, marking a significant 38% increase from the previous $0.58. This dividend will be paid on May 28, 2021, to shareholders on record as of May 17, 2021. Additionally, the Board has approved an increase of $450 million to its share repurchase program, raising the total authorization to $557.4 million. As of May 3, 2021, Pool Corporation had 40,131,408 shares outstanding, solidifying its position as the largest global distributor of swimming pool products.

Pool Corporation (Nasdaq: POOL) will participate in the Oppenheimer 16th Annual Industrial Growth Conference on May 5, 2021, at 12:45 PM ET. CEO Peter D. Arvan and CFO Mark W. Joslin will deliver a virtual presentation, with materials available on the company's website. Pool Corporation is a leading distributor of swimming pool and backyard products, operating around 400 sales centers across North America, Europe, and Australia, serving 120,000 wholesale customers. The release also notes risks related to COVID-19 and weather that may affect results.

Pool Corporation reported record net sales of $1.06 billion for Q1 2021, a 57% increase from the previous year, with base business sales rising 51%. Operating income soared 263% to $129.0 million, significantly improving operating margin to 12.2%. Diluted EPS jumped 223% to a record $2.42. The company increased its 2021 earnings guidance from $9.12 - $9.62 to $11.85 - $12.60 per diluted share.

Net cash from operations also saw a substantial rise of £57.4 million year-over-year, totaling $77.1 million.

Pool Corporation (Nasdaq: POOL) announced that Melanie Housey Hart, Vice President and Chief Accounting Officer, will participate in the 24th Annual Burkenroad Reports Investment Conference on April 23, 2021, at 9:00 AM Central Time. The presentation will be virtual, and attendees can access informational materials on the company's website that morning. Pool Corporation is the largest wholesale distributor of swimming pool and backyard products, operating around 400 sales centers across North America, Europe, and Australia.

Pool Corporation (NASDAQ: POOL) will announce its Q1 2021 earnings results on April 22, 2021. The earnings release will be available before the market opens, followed by a conference call at 10:00 AM CT (11:00 AM ET). Interested parties can access the call by dialing 1-888-348-8936 (domestic) or 1-412-902-4265 (international). Pool Corporation is recognized as the world's largest wholesale distributor of swimming pool and backyard products, operating around 400 sales centers and serving approximately 120,000 customers globally.

Pool Corporation (Nasdaq: POOL) announced that its President and CEO, Peter D. Arvan, will participate in the UBS Global Consumer & Retail Virtual Conference on March 9, 2021, at 2:00 PM ET. The presentation will provide insights into the company’s operations and market positioning.

As the world's largest wholesale distributor of swimming pool and backyard products, POOLCORP operates approximately 400 sales centers across North America, Europe, and Australia, supplying over 200,000 products to about 120,000 wholesale customers.

Pool Corporation (POOL) announces the retirement of Mark W. Joslin as CFO and Treasurer, effective in 2021, after 16 years with the company. Melanie Housey Hart, currently Vice President and Corporate Controller, has been appointed as the new CFO. Joslin will assist in the transition to ensure continuity. Hart's extensive experience includes roles in financial reporting and strategic initiatives at Pool Corporation and Ernst & Young, making her well-positioned to drive shareholder growth.

Pool Corporation (NASDAQ: POOL) has declared a quarterly cash dividend of $0.58 per share, to be paid on March 25, 2021, to shareholders on record by March 11, 2021. As the world's largest wholesale distributor of swimming pool and related products, Pool Corp operates around 400 sales centers across North America, Europe, and Australia, distributing over 200,000 products to approximately 120,000 wholesale customers. This dividend reflects the company's commitment to returning value to its shareholders.

Pool Corporation (Nasdaq: POOL) announced that Mark W. Joslin, Senior Vice President and Chief Financial Officer, will participate in investor meetings at Citi’s 2021 Global Industrials Virtual Conference on February 18, 2021.

As the world's largest wholesale distributor of swimming pool and backyard products, Pool Corp operates approximately 400 sales centers globally, serving around 120,000 wholesale customers.