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 announced a quarterly cash dividend of $0.80 per share, payable on August 26, 2021, to record holders as of August 12, 2021. The company, as the largest wholesale distributor of swimming pool products globally, operates around 410 sales centers across North America, Europe, and Australia. It supplies more than 200,000 products to approximately 120,000 wholesale customers. This dividend represents a commitment to returning value to shareholders while maintaining robust operations.
Pool Corporation (Nasdaq:POOL) announced participation in the Jefferies Virtual Industrials Conference. Peter D. Arvan, President and CEO, along with Melanie Housey Hart, VP and Chief Accounting Officer, will give a presentation on August 4, 2021, at 11:30 AM ET. Informational materials will be available on the POOLCORP website that morning. As the world's largest distributor of pool and backyard products, POOLCORP operates around 410 sales centers globally, serving 120,000 wholesale customers with over 200,000 products.
Pool Corporation reported record net sales of $1.79 billion for Q2 2021, up 40% year-over-year, with a 65% increase in diluted EPS to $6.37. Operating income reached $338.6 million, representing a 64% rise, alongside a notable improvement in operating margin to 18.9%. For the first half of 2021, net income was up 90% to $358.4 million. Following these strong results, the company raised its 2021 earnings guidance to $13.75 - $14.25 per diluted share, citing sustained demand and operational excellence.
Pool Corporation has announced the appointment of Melanie Housey Hart as the new Chief Financial Officer (CFO), effective August 9, 2021. She will also serve as the Company’s Treasurer. Current CFO Mark W. Joslin will transition to Senior Vice President until his retirement on October 1, 2021. In addition, Walker Saik has been hired as the new Corporate Controller, bringing extensive experience from Ernst and Young. Pool Corporation is the largest wholesale distributor of swimming pool and related backyard products, operating over 400 sales centers across multiple continents.
Pool Corporation (Nasdaq: POOL) will release its Q2 2021 earnings results on July 22, 2021, before market opening. A conference call is scheduled for 10:00 a.m. CT to discuss the results, available via live webcast on their website. Pool Corporation is the largest wholesale distributor of swimming pool and backyard products globally, operating approximately 400 sales centers across North America, Europe, and Australia. The company serves around 120,000 wholesale customers with over 200,000 products.
Pool Corporation (Nasdaq: POOL) will participate in the Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference on June 16, 2021. Presenters include Peter D. Arvan, President and CEO, and Melanie Housey Hart, Vice President and CFO. Their presentation is scheduled for 2:55 PM Eastern Time. Attendees can access informational materials on POOLCORP’s website on the day of the conference. As the largest wholesale distributor of swimming pool products, POOLCORP operates around 400 sales centers across North America, Europe, and Australia, serving 120,000 customers.
Pool Corporation (Nasdaq: POOL) has announced that Mark W. Joslin, CFO, and Melanie Housey Hart, VP and Chief Accounting Officer, will participate in investor meetings at the 44th Nasdaq Investor Conference on June 15 and 17, 2021. They will deliver a virtual presentation on June 17 at 8:30 AM ET. Informational materials for the conference will be available on POOLCORP's website on the day of the event. With around 400 sales centers globally, Pool Corporation is the largest distributor of swimming pool and backyard products.
Pool Corporation (Nasdaq: POOL) announced participation in the Baird 2021 Virtual Global Consumer, Technology & Services Conference on June 9, 2021, at 9:40 AM Eastern Time. The session will feature a fireside chat format, including a brief presentation followed by a Q&A segment. The conference materials will be accessible on POOLCORP’s website that morning. As the world's largest wholesale distributor of swimming pool products, POOLCORP operates around 400 sales centers globally, catering to approximately 120,000 wholesale customers.
Pool Corporation (Nasdaq: POOL) announced the participation of its Senior VP and CFO, Mark W. Joslin, along with VP and Chief Accounting Officer, Melanie Housey Hart, in the UBS Global Industrials and Transportation Virtual Conference. Their presentation is scheduled for June 8, 2021, at 1:00 PM ET. Informational materials will be made available on the company's website that morning. Pool Corporation is the leading wholesale distributor of swimming pool and backyard products, operating approximately 400 sales centers globally.
Pool Corporation (Nasdaq: POOL) announced participation in the William Blair 41st Annual Growth Stock Virtual Conference on June 3, 2021, at 12:40 PM CST. CEO Peter D. Arvan and CFO Mark W. Joslin will engage in a fireside chat format, including a presentation and Q&A session. Informational materials will be available on their website that morning. As the largest wholesale distributor of swimming pool and backyard products, POOLCORP operates around 400 sales centers globally, serving approximately 120,000 wholesale customers with over 200,000 products.
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