Pool Stock Price, News & Analysis

Pool Corporation (Nasdaq: POOL) announced participation in the Baird 2021 Virtual Global Consumer, Technology & Services Conference on June 9, 2021, at 9:40 AM Eastern Time. The session will feature a fireside chat format, including a brief presentation followed by a Q&A segment. The conference materials will be accessible on POOLCORP’s website that morning. As the world's largest wholesale distributor of swimming pool products, POOLCORP operates around 400 sales centers globally, catering to approximately 120,000 wholesale customers.

Pool Corporation (Nasdaq: POOL) announced the participation of its Senior VP and CFO, Mark W. Joslin, along with VP and Chief Accounting Officer, Melanie Housey Hart, in the UBS Global Industrials and Transportation Virtual Conference. Their presentation is scheduled for June 8, 2021, at 1:00 PM ET. Informational materials will be made available on the company's website that morning. Pool Corporation is the leading wholesale distributor of swimming pool and backyard products, operating approximately 400 sales centers globally.

Pool Corporation (Nasdaq: POOL) announced participation in the William Blair 41^st Annual Growth Stock Virtual Conference on June 3, 2021, at 12:40 PM CST. CEO Peter D. Arvan and CFO Mark W. Joslin will engage in a fireside chat format, including a presentation and Q&A session. Informational materials will be available on their website that morning. As the largest wholesale distributor of swimming pool and backyard products, POOLCORP operates around 400 sales centers globally, serving approximately 120,000 wholesale customers with over 200,000 products.

Pool Corporation (Nasdaq: POOL) will participate in investor meetings at the KeyBanc Capital Markets Industrial & Basic Materials Virtual Conference on June 2, 2021. Mark W. Joslin, Senior VP and CFO, along with Melanie Housey Hart, VP and Chief Accounting Officer, will represent the company. Informational materials will be available on POOLCORP’s website on the day of the conference.

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

Pool Corporation announced the appointment of Martha “Marty” Gervasi as a new director, effective May 24, 2021. Her tenure will last until the 2022 annual shareholder meeting, where she will be up for election. Gervasi brings over 30 years of experience in human capital leadership, including her role as Chief Human Resources Officer at The Hartford. Chairman John E. Stokely emphasized that her expertise in human capital strategies will enhance the board's decision-making process for the benefit of the company and its shareholders.

At its Annual Meeting on May 4, 2021, Pool Corporation (NASDAQ: POOL) elected eight directors to serve for the upcoming year, ensuring a robust governance structure. Stockholders also ratified Ernst & Young LLP as the independent auditor for the 2021 fiscal year and approved the compensation for named executive officers. Chairman Harlan F. Seymour expressed appreciation for retiring director Andrew W. Code's 28 years of service. Pool Corporation remains a leader in wholesale distribution of swimming pool and backyard products, operating 400 centers globally.

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.