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 attend the William Blair 42nd Annual Growth Stock Conference on June 7, 2022, at 8:00 AM Central Time. Key executives participating are Peter D. Arvan (CEO), Melanie M. Hart (CFO), and Jeffrey M. Clay (President of Horizon Distributors, Inc.). The company is the largest wholesale distributor of swimming pool products, operating about 415 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers. Conference materials will be available on their website.
Pool Corporation (Nasdaq: POOL) announced its participation in investor meetings at the KeyBanc Capital Markets Industrial & Basic Materials Conference on June 2, 2022. The CEO, Peter D. Arvan, and CFO, Melanie M. Hart, will represent the company at this event held at the InterContinental Hotel in Boston, MA.
As the largest wholesale distributor of swimming pool and backyard products globally, Pool Corporation operates around 415 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers.
Pool Corporation (Nasdaq: POOL) announced that Peter D. Arvan, President and CEO, alongside Melanie M. Hart, CFO, will engage in virtual investor meetings at the Loop Capital Markets 2022 Investor Conference on June 1, 2022. As the largest wholesale distributor of swimming pool products globally, Pool Corporation operates around 415 sales centers across North America, Europe, and Australia. The company supplies over 200,000 products to approximately 120,000 wholesale customers.
Pool Corporation (Nasdaq: POOL) has released its inaugural Corporate Responsibility Report, detailing its commitment to environmental, social, and governance (ESG) practices. The report highlights the company's ongoing efforts to operate ethically and sustainably, with a focus on employee welfare and community support. CEO Peter D. Arvan stated this report marks a significant milestone in their commitment to responsible business practices and long-term shareholder value. For more details, visit POOLCORP’s website.
Pool Corporation (Nasdaq: POOL) announced a share repurchase authorization of an additional $196.2 million, raising total buyback capacity to $600.0 million. The Board also declared a quarterly cash dividend of $1.00 per share, a 25% increase over the previous $0.80. This is the 17th dividend increase since 2004, reflecting the company’s commitment to returning value to shareholders. As of May 3, 2022, there are approximately 40 million shares outstanding. Pool Corp operates over 415 sales centers globally, distributing more than 200,000 products.
Pool Corporation (Nasdaq: POOL) announced that Melanie M. Hart, Vice President and Chief Financial Officer, will speak at the 25th Annual Burkenroad Reports Investment Conference on April 29, 2022, at 10:30 AM Central Time. This event will take place at The Westin New Orleans. Relevant materials will be available on the company’s website that morning. As the world’s largest wholesale distributor of swimming pool products, POOLCORP operates around 415 sales centers across North America, Europe, and Australia, serving approximately 120,000 customers.
Pool Corporation (POOL) reported record net sales of $1.4 billion for Q1 2022, marking a 33% increase from Q1 2021. Operating income rose 83% to $235.7 million, with an operating margin improvement of 450 bps. Diluted EPS surged 82%, reaching $4.41. The company raised its annual earnings guidance to $18.34 - $19.09 per diluted share, up from a prior range of $17.19 - $17.94. The growth is driven by robust demand for outdoor living products despite inflation and supply chain challenges.
Pool Corporation (NASDAQ: POOL) will announce its Q1 2022 earnings on April 21, 2022, before the market opens. A conference call is scheduled for the same day at 10:00 a.m. CT, accessible via phone or live webcast. POOLCORP, the largest wholesale distributor of pool and backyard products, operates approximately 410 sales centers globally and serves around 120,000 customers. For further details, visit www.poolcorp.com.
Pool Corporation (Nasdaq: POOL) announced participation in the UBS Global Consumer and Retail Conference on March 10, 2022, at 10:00 AM ET. CEO Peter D. Arvan and CFO Melanie M. Hart will represent the company at the event held at the Four Seasons Boston. Relevant informational materials will be available on POOLCORP’s website that morning.
As the world's largest wholesale distributor of swimming pool and backyard products, Pool Corporation operates about 410 sales centers globally, serving approximately 120,000 wholesale customers.
Pool Corporation (Nasdaq: POOL) will host an Investor Day on March 8, 2022, in Tampa, FL, from 11:00 AM to 1:00 PM ET. Attendance is by invitation only, and an audio webcast will be available on the company's investor relations page. Pool Corp, the world's largest wholesale distributor of swimming pool and related products, operates around 410 sales centers globally, supplying over 200,000 products to approximately 120,000 customers.
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