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Pool Corporation reports developments for a wholesale distributor of swimming pool supplies, equipment and related backyard products. Company news centers on sales trends in maintenance products, discretionary pool equipment and building-material categories, along with gross margin, operating income, inventory, debt and earnings guidance.
Updates also cover capital allocation through dividends and share repurchase authorizations, annual meeting results, investor presentations and leadership changes. POOLCORP serves pool builders, service companies, retailers, commercial pool operators and landscape contractors through distribution networks in North America, Europe and Australia.
Pool Corporation has announced an agreement to acquire Porpoise Pool & Patio, Inc., enhancing its distribution network and customer base. The acquisition includes key subsidiaries like Sun Wholesale Supply, Inc. and Pinch A Penny, Inc., a leading franchisor with around 260 stores across multiple states. This strategic move aims to leverage synergies in retail support and chemical packaging, targeting substantial growth in key markets. POOLCORP expects revenue growth similar to past acquisitions, funding the deal through credit facilities and cash.
Pool Corporation (Nasdaq: POOL) will participate in the Baird 2021 Global Industrial Conference on November 10, 2021, at 10:15 AM ET. CEO Peter D. Arvan and CFO Melanie Housey Hart will engage in a fireside chat, featuring a virtual presentation followed by a Q&A session. Interested investors can access informational materials 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 410 sales centers globally, serving approximately 120,000 wholesale customers.
Pool Corporation declared a quarterly cash dividend of $0.80 per share, payable on November 24, 2021, to shareholders on record as of November 11, 2021.
As the world's largest distributor of swimming pool and backyard products, Pool Corporation operates around 410 sales centers globally and supplies over 200,000 products to approximately 120,000 wholesale customers.
Pool Corporation reported record net sales of $1.4 billion for Q3 2021, reflecting a 24% growth from Q3 2020. Operating income surged 60% to $237.3 million, with diluted EPS increasing 55% to $4.54. The company raised its 2021 earnings guidance to $14.85 - $15.35 per diluted share due to strong demand for outdoor living products. Gross profit also rose 34% to $441.9 million, with improved gross margins driven by supply chain efficiencies. Year-to-date net sales reached $4.3 billion, a 38% increase compared to the previous year.
Pool Corporation (NASDAQ: POOL) will announce its Q3 2021 earnings results on October 21, 2021, before market opening, with a conference call scheduled for 10:00 a.m. CT. POOLCORP is the largest wholesale distributor of swimming pool and backyard products, operating about 410 sales centers across North America, Europe, and Australia. The company serves approximately 120,000 wholesale customers with over 200,000 products. Stakeholders can access the earnings release, along with the conference call details, on the company’s website.
Pool Corporation announced a quarterly cash dividend of $0.80 per share, payable on August 26, 2021, to record holders as of August 12, 2021. The company, as the largest wholesale distributor of swimming pool products globally, operates around 410 sales centers across North America, Europe, and Australia. It supplies more than 200,000 products to approximately 120,000 wholesale customers. This dividend represents a commitment to returning value to shareholders while maintaining robust operations.
Pool Corporation (Nasdaq:POOL) announced participation in the Jefferies Virtual Industrials Conference. Peter D. Arvan, President and CEO, along with Melanie Housey Hart, VP and Chief Accounting Officer, will give a presentation on August 4, 2021, at 11:30 AM ET. Informational materials will be available on the POOLCORP website that morning. As the world's largest distributor of pool and backyard products, POOLCORP operates around 410 sales centers globally, serving 120,000 wholesale customers with over 200,000 products.
Pool Corporation reported record net sales of $1.79 billion for Q2 2021, up 40% year-over-year, with a 65% increase in diluted EPS to $6.37. Operating income reached $338.6 million, representing a 64% rise, alongside a notable improvement in operating margin to 18.9%. For the first half of 2021, net income was up 90% to $358.4 million. Following these strong results, the company raised its 2021 earnings guidance to $13.75 - $14.25 per diluted share, citing sustained demand and operational excellence.
Pool Corporation has announced the appointment of Melanie Housey Hart as the new Chief Financial Officer (CFO), effective August 9, 2021. She will also serve as the Company’s Treasurer. Current CFO Mark W. Joslin will transition to Senior Vice President until his retirement on October 1, 2021. In addition, Walker Saik has been hired as the new Corporate Controller, bringing extensive experience from Ernst and Young. Pool Corporation is the largest wholesale distributor of swimming pool and related backyard products, operating over 400 sales centers across multiple continents.
Pool Corporation (Nasdaq: POOL) will release its Q2 2021 earnings results on July 22, 2021, before market opening. A conference call is scheduled for 10:00 a.m. CT to discuss the results, available via live webcast on their website. Pool Corporation is the largest wholesale distributor of swimming pool and backyard products globally, operating approximately 400 sales centers across North America, Europe, and Australia. The company serves around 120,000 wholesale customers with over 200,000 products.