Welcome to our dedicated page for Pool news (Ticker: POOL), a resource for investors and traders seeking the latest updates and insights on Pool stock.
POOL (Poolcorp), the world's leading wholesale distributor of swimming pool supplies and outdoor living products, provides essential updates through this dedicated news hub. Investors and industry professionals can access timely information about strategic initiatives, operational developments, and market positioning in the pool supplies sector.
This resource consolidates official announcements including quarterly earnings, product line expansions, and supply chain innovations. Users will find updates on digital platform enhancements like Pool360, partnership developments, and inventory management improvements that demonstrate POOL's industry leadership.
For consistent access to verified information about wholesale distribution trends and pool industry dynamics, bookmark this page for regular updates. Monitor POOL's operational milestones and strategic decisions through our curated collection of official communications and analysis.
Pool Corporation reported record annual net sales of $3.9 billion for 2020, up 23% from 2019, driven by COVID-19 related demand for home-based outdoor living products. The operating margin increased to 11.8%, with diluted EPS reaching a record $8.97, up 40% year-over-year. Cash provided by operations improved by $98.8 million to $397.6 million. For 2021, diluted EPS guidance is projected between $9.12 and $9.62. Despite growth, operating expenses rose 14% due to performance-based compensation and acquisitions.
Pool Corporation (NASDAQ: POOL) will announce its fourth quarter and full year 2020 earnings results on February 11, 2021, before market open. Following the earnings release, a conference call is scheduled for 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss the results. The call will be accessible via a live webcast on the company's website, with a replay available later. Pool Corporation is the largest wholesale distributor of swimming pool and backyard products, operating 400 sales centers worldwide, serving approximately 120,000 customers.
Pool Corporation (Nasdaq: POOL) will have Mark W. Joslin, Senior VP and CFO, present at the 43rd Nasdaq Investor Conference on December 3, 2020, at 12:00 PM ET. The conference will be held virtually, and informational materials will be available on POOLCORP's website on the day of the event. As the largest wholesale distributor of swimming pool and related products, Pool Corporation operates about 390 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers.
Pool Corporation (NASDAQ: POOL) announced participation in the Stephens Annual Investment Conference with a virtual presentation on November 18, 2020, at 10:00 AM ET. Peter D. Arvan, President and CEO, and Mark W. Joslin, CFO, will lead the presentation. Informational materials will be available on the company’s website that morning. As the largest wholesale distributor of swimming pool products, POOLCORP operates around 390 sales centers across North America, Europe, and Australia, serving approximately 120,000 customers.
Pool Corporation (Nasdaq: POOL) has announced participation in the Baird 2020 Global Industrial Conference, with a virtual presentation scheduled for November 11, 2020, at 9:40 AM ET. Presenters will include Peter D. Arvan, President and CEO, alongside Mark W. Joslin, Senior VP and CFO. Informational materials will be accessible on POOLCORP's website that morning. As the largest wholesale distributor of swimming pool products, the company operates approximately 390 sales centers globally, serving around 120,000 wholesale customers.
Pool Corporation (NASDAQ: POOL) has declared a quarterly cash dividend of $0.58 per share, payable on November 25, 2020, to shareholders of record as of November 12, 2020. As the world's largest wholesale distributor of swimming pool products, Pool Corporation operates approximately 380 sales centers across North America, Europe, and Australia, servicing around 120,000 wholesale customers with over 200,000 products.
Pool Corporation reported record Q3 2020 results with net sales of $1.14 billion, up 27% from Q3 2019. Diluted EPS increased 50% to $2.92, or 47% to $2.71 excluding tax benefits. Record cash from operations was $388.9 million, improving $145.7 million year-to-date. The company raised its 2020 earnings guidance to $8.05 - $8.35 per diluted share. Two acquisitions were made to expand its network, enhancing customer relationships. Despite a strong quarter, gross margin slightly declined to 28.8% year-to-date due to low-margin items comprising a larger product mix.
Pool Corporation (NASDAQ: POOL) will announce its third quarter 2020 earnings results on October 22, 2020, prior to market opening. A conference call for discussing the results is scheduled for 10:00 a.m. CT. Interested parties can access the earnings release, live webcast, and call replay on the Company's website. Pool Corp is the largest wholesale distributor of swimming pool and backyard products, operating approximately 375 sales centers globally and serving around 120,000 customers.
Pool Corporation (Nasdaq: POOL) has announced that its President and CEO, Peter D. Arvan, will participate in the William Blair ‘What’s Next for Industrials?’ Virtual Conference. The presentation is scheduled for September 25, 2020, at 10:00 AM ET. Informational materials will be available on POOLCORP's website that morning. As the world’s largest wholesale distributor of swimming pool and backyard products, POOLCORP operates around 375 sales centers globally, offering over 200,000 products to approximately 120,000 wholesale customers. For more details, visit www.poolcorp.com.
FAQ
What is the current stock price of Pool (POOL)?
What is the market cap of Pool (POOL)?
