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) announced a quarterly cash dividend of $0.80 per share, set to be paid on March 24, 2022, to shareholders on record as of March 10, 2022. As the world's largest wholesale distributor of swimming pool and backyard products, Pool Corp operates approximately 410 sales centers across North America, Europe, and Australia, distributing over 200,000 products to roughly 120,000 customers. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Pool Corporation announced record financial results for Q4 and full year 2021, with net sales reaching $1.0 billion in Q4 and $5.3 billion for the year, representing a 35% increase from 2020. Operating income surged 79% to $832.8 million, while diluted EPS rose 78% to $15.97. The company projects 2022 EPS guidance between $17.19 and $17.94, including a $0.19 tax benefit. Persistent supply chain challenges were managed effectively, contributing to robust demand for outdoor living products.
Pool Corporation (Nasdaq: POOL) will announce its full year and Q4 2021 earnings on February 17, 2022, before the market opens. A conference call to discuss the results is scheduled for 10:00 a.m. CT (11:00 a.m. ET) on the same day. The earnings release, live webcast, and replay will be available on the Company’s website.
As the world’s largest wholesale distributor of swimming pool products, POOLCORP operates around 410 sales centers across North America, Europe, and Australia, serving approximately 120,000 wholesale customers.
Pool Corporation has successfully acquired Porpoise Pool & Patio, Inc., a Florida-based distributor specializing in swimming pool and outdoor living products. This acquisition aims to enhance POOLCORP's distribution network and service delivery to more than 120,000 wholesale customers across North America, Europe, and Australia. The integration of Porpoise's operations and specialty trade systems is expected to fortify POOLCORP's market position. The industry leader operates around 410 sales centers globally, distributing over 200,000 products.
Pool Corporation (Nasdaq: POOL) will participate in the 2021 Stephens Annual Investment Conference on December 2, 2021, at 1:00 PM CT. Peter D. Arvan, President and CEO, and Melanie Housey Hart, Vice President and CFO, will engage in a 'fireside chat' format. The conference will feature a brief presentation followed by a Q&A session. Informational materials will be available on the company’s website on the event's morning. Pool Corporation is the largest wholesale distributor of pool supplies, operating around 410 sales centers in multiple countries.
Pool Corporation has announced an agreement to acquire Porpoise Pool & Patio, Inc., enhancing its distribution network and customer base. The acquisition includes key subsidiaries like Sun Wholesale Supply, Inc. and Pinch A Penny, Inc., a leading franchisor with around 260 stores across multiple states. This strategic move aims to leverage synergies in retail support and chemical packaging, targeting substantial growth in key markets. POOLCORP expects revenue growth similar to past acquisitions, funding the deal through credit facilities and cash.
Pool Corporation (Nasdaq: POOL) will participate in the Baird 2021 Global Industrial Conference on November 10, 2021, at 10:15 AM ET. CEO Peter D. Arvan and CFO Melanie Housey Hart will engage in a fireside chat, featuring a virtual presentation followed by a Q&A session. Interested investors can access informational materials on POOLCORP’s website on the day of the conference. As the world’s largest wholesale distributor of swimming pool and backyard products, POOLCORP operates around 410 sales centers globally, serving approximately 120,000 wholesale customers.
Pool Corporation declared a quarterly cash dividend of $0.80 per share, payable on November 24, 2021, to shareholders on record as of November 11, 2021.
As the world's largest distributor of swimming pool and backyard products, Pool Corporation operates around 410 sales centers globally and supplies over 200,000 products to approximately 120,000 wholesale customers.
Pool Corporation reported record net sales of $1.4 billion for Q3 2021, reflecting a 24% growth from Q3 2020. Operating income surged 60% to $237.3 million, with diluted EPS increasing 55% to $4.54. The company raised its 2021 earnings guidance to $14.85 - $15.35 per diluted share due to strong demand for outdoor living products. Gross profit also rose 34% to $441.9 million, with improved gross margins driven by supply chain efficiencies. Year-to-date net sales reached $4.3 billion, a 38% increase compared to the previous year.
Pool Corporation (NASDAQ: POOL) will announce its Q3 2021 earnings results on October 21, 2021, before market opening, with a conference call scheduled for 10:00 a.m. CT. POOLCORP is the largest wholesale distributor of swimming pool and backyard products, operating about 410 sales centers across North America, Europe, and Australia. The company serves approximately 120,000 wholesale customers with over 200,000 products. Stakeholders can access the earnings release, along with the conference call details, on the company’s website.
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