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 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 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.
Pool Corporation (NASDAQ: POOL) reported a record annual net sales of $6.2 billion for 2022, marking a 17% increase from 2021. Operating income rose 23% to $1.0 billion, alongside a diluted EPS of $18.70, a 17% increase over the previous year. The company attributed sales growth to strong consumer demand and effective supply chain management. However, 2023 diluted EPS guidance is projected between $16.03 and $17.03, reflecting a decline of 9%-14% from 2022 figures. Despite challenges like currency fluctuations and adverse weather conditions, Pool Corp highlights its long-term growth prospects.
Pool Corporation (Nasdaq: POOL) will release its full year and fourth quarter 2022 earnings results on February 16, 2023, before the market opens. A conference call is scheduled for 10:00 a.m. CT to discuss these results. POOLCORP, the largest wholesale distributor of swimming pool and backyard products, operates about 415 sales centers across North America, Europe, and Australia, catering to roughly 120,000 wholesale customers with over 200,000 products. The earnings release and conference call details will be available on the company’s website.
Pool Corporation (Nasdaq: POOL) has announced that Melanie M. Hart, CFO, will present at the Nasdaq 47th Investor Conference in London on December 6, 2022, at 9:30 AM GMT. Investors can access relevant materials on POOLCORP's Investor Relations website under 'Investor Presentations'. As the largest global distributor of swimming pool products, POOLCORP operates around 415 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers.
Pool Corporation (Nasdaq:POOL) announced that its CEO Peter D. Arvan and CFO Melanie M. Hart will participate in two investor conferences. The first event is the Deutsche Bank Consumer Conference in New York on November 15, 2022, at 11:30 AM ET. The second is the Stephens Annual Investment Conference in Nashville on November 16, 2022, at 2:00 PM CT, featuring a fireside chat format. Informational materials will be available on POOLCORP’s website on the day of each conference.
Pool Corporation (Nasdaq: POOL) will participate in the Baird Global Industrial Conference in Chicago on November 10, 2022, at 12:00 PM Central Time. CEO Peter D. Arvan and CFO Melanie M. Hart will represent the company. Informational materials will be available on the company’s website that morning. As the world’s largest wholesale distributor of swimming pool and backyard products, Pool Corp operates around 415 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers.
Pool Corporation (NASDAQ: POOL) declared a quarterly cash dividend of $1.00 per share, payable on November 23, 2022, to shareholders of record on November 10, 2022. Known as the world’s largest wholesale distributor of swimming pool and related products, Pool Corp operates approximately 415 sales centers across North America, Europe, and Australia, distributing over 200,000 products to around 120,000 wholesale customers.