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 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.
Pool Corporation (Nasdaq: POOL) will open the Nasdaq MarketSite on October 25, 2022, to celebrate over 25 years of being listed. CEO Peter Arvan will lead the ceremony alongside company officers and directors. The event is scheduled from 9:15 AM to 9:30 AM ET and will be live-streamed. Pool Corporation is the largest distributor of swimming pool products, operating around 415 sales centers globally and offering over 200,000 products to 120,000 customers. For further details, visit www.poolcorp.com.
Pool Corporation reported record net sales of $1.6 billion in Q3 2022, a 14% increase year-over-year, with operating income rising to $263.9 million (+11%). The diluted EPS grew by 5% to $4.78. The company narrowed its annual earnings guidance to $18.50 - $19.05 per share. Despite stable demand, sales were affected by softer European markets, currency fluctuations, and one less selling day. Inventory levels surged 48% to $1.5 billion, driven by acquisitions and inflationary pressures.
Pool Corporation (Nasdaq: POOL) announced the appointment of Jim D. Hope to its Board of Directors, effective October 10, 2022. This decision expands the Board from ten to eleven members. Hope brings over 35 years of financial leadership experience, currently serving as CFO at Performance Food Group and previously at Sysco Corporation. Chairman John E. Stokely praised Hope's expertise in financial management and business growth, anticipating valuable contributions to enhance shareholder returns.
Pool Corporation (Nasdaq: POOL) has announced that it will release its third quarter 2022 earnings results on October 20, 2022, before market opening. A conference call to discuss the results will follow at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The call can be accessed by dialing 1-888-348-8936 (domestic) or 1-412-902-4265 (international). Pool Corporation is the largest wholesale distributor of swimming pool and backyard products, operating about 415 sales centers across North America, Europe, and Australia.
Beacon (Nasdaq: BECN) announced the appointment of Melanie M. Hart to its Board of Directors. Ms. Hart is a seasoned financial executive with over 25 years of experience, currently serving as CFO of Pool Corporation (Nasdaq: POOL). Her extensive background includes roles at PoolCorp and Ernst & Young, enhancing Beacon's leadership. The Board's Chairman, Phil Knisely, emphasized her expertise will support their Ambition 2025 growth strategy. Hart expressed enthusiasm about contributing to Beacon's goals in the building products industry.
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