Welcome to our dedicated page for Pool Corporation news (Ticker: POOL), a resource for investors and traders seeking the latest updates and insights on Pool Corporation stock.
Pool Corporation (NASDAQ: POOL) stands as the leading wholesale distributor of swimming pool supplies, equipment, and related leisure products worldwide. With a workforce exceeding 3,400 employees and operations spanning over 300 locations globally, Pool Corp is renowned for its extensive inventory and commitment to customer satisfaction.
The company offers a wide array of products encompassing construction materials, replacement parts, fencing, pool care products, and spas. Serving approximately 80,000 wholesale customers, Pool Corp provides access to more than 160,000 national brand and private label products, ensuring its clientele receives the best value through strategic cost management and optimized supply logistics.
Pool Corp's dedication to growth is evident in its continuous expansion of product offerings and its unwavering focus on delivering exceptional value. The company's goal is to foster growth for its customers' businesses, create opportunities for employees, and enhance returns for shareholders.
Customers include pool builders, remodelers, independent retail stores, and pool repair and service companies. Pool Corp's product range features non-discretionary pool-maintenance items like chemicals and replacement parts, along with pool equipment such as packaged pool kits, cleaners, filters, heaters, pumps, and lights.
Recent Achievements and News:
- Pool Corp announced the release of its second quarter 2023 earnings results on July 20, 2023, with a conference call to discuss the results scheduled for the same day.
- The company's financial performance remains robust, with notable figures including a $10.6 million allowance for doubtful accounts and a $25.9 million inventory reserve as of September 30, 2023.
- Pool Corp continues to maintain a strong base business, excluding sales centers that do not align with its long-term growth strategy.
Pool (POOL) has announced its participation in the Nasdaq 51st Investor Conference in London, UK, scheduled for December 10, 2024. The company's Vice President and CFO, Melanie M. Hart, will represent POOLCORP through investor meetings and a fireside chat.
As the world's largest wholesale distributor of swimming pool and related backyard products, POOLCORP maintains 447 sales centers across North America, Europe, and Australia. The company distributes over 200,000 products to approximately 125,000 wholesale customers.
Pool (POOL) has announced its participation in two major investor events this November. The company will attend the Baird 2024 Global Industrial Conference on November 12 and the Stephens Annual Investment Conference on November 19. Both events will feature investor meetings and fireside chats.
As the world's largest wholesale distributor of swimming pool and backyard products, POOLCORP operates 447 sales centers across North America, Europe, and Australia. The company distributes over 200,000 products to approximately 125,000 wholesale customers.
Pool (POOL) has declared a quarterly cash dividend of $1.20 per share, payable on November 27, 2024, to shareholders of record as of November 13, 2024. The company operates as the world's largest wholesale distributor of swimming pool and related backyard products, with approximately 447 sales centers across North America, Europe, and Australia. POOL serves roughly 125,000 wholesale customers with over 200,000 products.
Pool (POOL) reported Q3 2024 results with net sales of $1.4 billion, down 3% from Q3 2023. The company maintained steady demand for maintenance products while discretionary business segments faced pressure. Gross margin remained stable at 29.1%, while operating income decreased 9% to $176.4 million. Q3 diluted EPS was $3.27, down 7% from $3.51 in 2023. The company maintained its 2024 full-year earnings guidance range of $11.06 - $11.46 per diluted share. Total debt decreased by $110.1 million compared to September 2023, and inventory levels were reduced by 6% to $1.2 billion.
Pool (Nasdaq: POOL) has announced the release date for its third quarter 2024 earnings results. The company will publish the results before the market opens on October 24, 2024, followed by a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on the same day to discuss the outcomes.
Investors and interested parties can access the earnings release and participate in the conference call through various means:
- The earnings release and a live webcast of the call will be available on the company's website at www.poolcorp.com
- A replay of the conference call will also be accessible on the website
- The conference call can be joined by dialing 1-888-348-8936 (domestic) or 1-412-902-4265 (international)
Pool is recognized as the world's largest wholesale distributor of swimming pool and related backyard products, operating approximately 445 sales centers across North America, Europe, and Australia.
Pool (Nasdaq: POOL), the world's largest wholesale distributor of swimming pool and related backyard products, has announced its participation in two upcoming investor events in September 2024:
1. Goldman Sachs 31st Annual Global Retailing Conference on September 4, 2024
2. Jefferies Industrials Conference 2024 on September 5, 2024
Both events will include investor meetings and a fireside chat. POOLCORP operates approximately 445 sales centers across North America, Europe, and Australia, distributing over 200,000 products to around 125,000 wholesale customers. This participation demonstrates the company's commitment to engaging with investors and showcasing its market position in the pool and backyard products industry.
Pool (Nasdaq/GSM:POOL) has announced a quarterly cash dividend of $1.20 per share, payable on August 29, 2024, to shareholders of record as of August 15, 2024. This decision was made by the company's Board of Directors. POOLCORP is the world's largest wholesale distributor of swimming pool and related backyard products, operating approximately 445 sales centers across North America, Europe, and Australia. The company distributes over 200,000 products to about 125,000 wholesale customers.
Pool (Nasdaq/GSM:POOL) reported Q2 2024 results with net sales of $1.8 billion, down 5% from Q2 2023. The company saw strong maintenance revenues and a gross margin of 30.0%. Operating income was $271.5 million with an operating margin of 15.3%. Diluted EPS reached $4.99, or $4.98 without tax benefits. Pool Corp confirmed its annual earnings guidance range of $11.05 - $11.45 per diluted share.
The company noted improved sales trends compared to Q1 2024, with maintenance products performing well despite lower consumer spending on discretionary items. Pool Corp remains focused on strategic growth investments, capacity creation, and innovation. The company completed eight of ten planned new sales center openings and made progress with technology initiatives.
Pool (Nasdaq: POOL) announced it will release its second quarter 2024 earnings results on July 25, 2024, before market opening.
A conference call to discuss the results will be held at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on the same day. The earnings release, along with a live webcast and replay of the conference call, will be accessible on the company's website.
Pool , the world's largest wholesale distributor of swimming pool and related backyard products, operates around 440 sales centers across North America, Europe, and Australia, providing over 200,000 products to roughly 125,000 wholesale customers.
Pool (Nasdaq: POOL) released its 2023 Corporate Responsibility Report on June 26, 2024, emphasizing its commitment to environmental and social governance (ESG). Key achievements include expanded Scope 1 and Scope 2 emissions disclosures aligned with the Greenhouse Gas (GHG) Protocol and Sustainability Accounting Standards Board (SASB) standards. The report also provides additional human capital metrics. Additionally, their Swimpact! program supported swimming lessons for 42,000 children and lifeguard training for 3,000 individuals through a partnership with the YMCA. This reflects POOL's focus on creating a safer and more sustainable future.
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