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 net sales of $1.2 billion in Q1 2023, a 15% decline from $1.4 billion in Q1 2022, marking its third consecutive year of surpassing $1 billion in quarterly sales. The operating income was $145.8 million, yielding an operating margin of 12.1%. The company updated its annual earnings guidance to a range of $14.62 - $16.12 per diluted share. While southern markets showed resilience, western regions faced challenges due to unfavorable weather, impacting new pool construction and maintenance sales. Net income fell 43% to $101.7 million, and diluted EPS decreased 41% to $2.58. Management remains optimistic about long-term growth prospects despite current headwinds.
Pool Corporation (Nasdaq: POOL) announced that it will release its first quarter 2023 earnings results on April 20, 2023, before market opens. A conference call to discuss these results will be held at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on the same day. Investors can access the live webcast and replay of the call on the Company’s website. Pool Corporation is recognized as the largest wholesale distributor of swimming pool and backyard products globally, operating about 420 sales centers across North America, Europe, and Australia. The Company serves around 125,000 wholesale customers, distributing over 200,000 national and private label products.
On March 6, 2023, Pool Corporation (Nasdaq: POOL) announced that Melanie M. Hart, the Vice President and Chief Financial Officer, will participate in virtual investor meetings at the Loop Capital Markets 2023 Investor Conference on March 13, 2023. This conference is an opportunity for investors to engage with key executives and gain insights into the company’s operations and future prospects.
As the largest wholesale distributor of swimming pool and backyard products globally, Pool Corporation operates around 420 sales centers across North America, Europe, and Australia, distributing over 200,000 products to approximately 125,000 wholesale customers.
Pool Corporation (Nasdaq: POOL) announced a quarterly cash dividend of $1.00 per share, set to be paid on March 29, 2023, to shareholders on record by March 15, 2023. As the world’s largest wholesale distributor of swimming pool and backyard products, Pool Corporation operates around 420 sales centers across North America, Europe, and Australia, distributing over 200,000 products to approximately 125,000 wholesale customers. This dividend decision reflects the company's commitment to providing returns to its shareholders while reinforcing its strong market position.
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