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 Corporation (NASDAQ: POOL) is described as the world’s largest wholesale distributor of swimming pool and related backyard products, operating in the Wholesale Trade sector as a Sporting and Recreational Goods and Supplies Merchant Wholesaler. The POOL news feed on Stock Titan aggregates company press releases, third-party announcements and regulatory disclosures that relate to its wholesale distribution of swimming pool supplies, equipment, pool building materials and related outdoor living products.
News about Pool Corporation frequently covers quarterly earnings results, where the company reports net sales, gross margin, operating income, net income and earnings per diluted share. These releases often discuss trends in maintenance products, private-label chemical products, discretionary items such as building materials, and updates to the company’s annual earnings guidance range. They also provide commentary from management on sales center expansion, pricing optimization, supply chain management and customer-facing technology initiatives.
Investors and industry followers can also find dividend announcements in Pool Corporation’s news, where the Board of Directors declares quarterly cash dividends and specifies record and payment dates. The company regularly announces participation in investor conferences and provides details on earnings release dates and conference calls, including access to webcasts and replays.
Pool Corporation’s news flow includes strategic partnerships and supplier agreements. For example, a partnership with Aiper outlines plans for Pool Corporation to distribute a full suite of cordless robotic pool cleaners to independent retailers, pool builders and service companies through its global B2B supply chain of over 450 locations. Leadership updates, such as executive appointments and retirements, also appear in company press releases and provide context on oversight of swimming pool operations in North America and digital and technology initiatives.
By following POOL news, readers can monitor how Pool Corporation manages its extensive sales center network in North America, Europe and Australia, its relationships with more than 2,000 manufacturers and vendors, and its communication on factors that may affect performance, such as economic conditions, weather, consumer discretionary spending and regulatory changes as referenced in its forward-looking statements.
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.
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.