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Pool Corp(POOL) - 2024 Q2 - Quarterly Report
2024-07-30 16:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to POOL CORPORATION (Exact name of registrant as specified in its charter) Delaware 0-26640 36-3943363 (State or other jurisdiction (Commission File Number) (I.R.S. Emplo ...
Pool Corp (POOL) Q2 Earnings & Revenues Top Estimates, Stock Up
ZACKS· 2024-07-26 15:25
Pool Corporation (POOL) reported second-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line declined from the prior-year quarter's figure. Following the results, the company's shares increased 10% during trading hours on Jul 25. Positive Investor sentiments were witnessed as the company increased the quarterly dividend by 9% to $1.20 per share and raised the repurchase authorization to $600 million, demonstrating its commitment to enhancing shar ...
Pool Corp(POOL) - 2024 Q2 - Earnings Call Transcript
2024-07-25 20:48
In addition we may make references to non-GAAP financial measures in our comments. A description and reconciliation of our non-GAAP financial measures included in our press release are posted to our corporate website in the Investor Relations section. As we introduced last quarter, we have included a brief presentation on our investor website to summarize side key points for our press release and call comments. Unless otherwise stated within our prepared remarks all comparisons refer to second quarter 2024 ...
Pool Corp(POOL) - 2024 Q2 - Earnings Call Presentation
2024-07-25 19:12
First Quarter 2024 Earnings| 1 This presentation contains forward-looking statements that involve risks and uncertainties and are generally identifiable through the use of words such as "anticipate," "estimate," "expect," "intend," "believe," "will likely result," "outlook," "project," "may," "can," "plan," "target," "potential," "should" and other words and expressions of similar meaning. Our forward-looking statements express our current expectations or forecasts of possible future results or events, incl ...
Pool Corp(POOL) - 2024 Q2 - Quarterly Results
2024-07-25 13:43
Exhibit 99.1 FOR IMMEDIATE RELEASE POOL CORPORATION REPORTS SECOND QUARTER RESULTS Highlights • Strong maintenance revenues contributed to Q2 2024 net sales of $1.8 billion • Solid, seasonal gross margin of 30.0%, reflecting recurring revenue contributions • Operating income of $271.5 million and operating margin of 15.3% • Q2 2024 diluted EPS of $4.99 or $4.98 without tax benefits • Confirms annual earnings guidance range of $11.05 - $11.45 per diluted share ______________________ COVINGTON, LA. (July 25, ...
Pool Corp. (POOL) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-25 13:15
Pool Corp. (POOL) came out with quarterly earnings of $4.98 per share, beating the Zacks Consensus Estimate of $4.90 per share. This compares to earnings of $5.89 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.63%. A quarter ago, it was expected that this distributor of supplies for swimming pools would post earnings of $1.87 per share when it actually produced earnings of $1.85, delivering a surprise of -1.07%. Over the la ...
Pool Corporation Reports Second Quarter Results
GlobeNewswire News Room· 2024-07-25 11:00
Net sales decreased 5% in the second quarter of 2024 to $1.8 billion compared to $1.9 billion in the second quarter of 2023. Base business results approximated consolidated results for the period. Sales of recurring maintenance products, such as chemicals, parts and repair items, continued to perform well. Lower spending on discretionary products used in remodeling and new pool construction reflected consumer hesitancy. We saw an overall net 1% positive pricing impact on sales. In addition, sales benefited ...
The Women's Sports Foundation® Celebrates 10th Anniversary of the Sports 4 Life Program, Announces Largest Funding Pool and Grant Class Since Inception
Prnewswire· 2024-07-24 14:15
Thirty-five of the 50 community organizations are new to Sports 4 Life funding, further expanding the reach of this powerful initiative. Helping girls of color play, compete and lead – in sports and beyond – for a decade, the program has had a generational impact with many of the participants from the inaugural class now holding leadership positions at the organizations who encouraged them to #KeepPlaying. Read more about their stories here. "As a multi-year partner of the Women's Sports Foundation, and sup ...
Here's Why Pool Corp. Stock Sank in the First Half of 2024
The Motley Fool· 2024-07-17 21:33
The swimming pool products distributor is enduring a challenging 2024, but it's still a good-quality business likely to grow in the future. Wholesale swimming products distributor Pool Corp.'s (POOL -0.14%) shares declined by 22.9% in the first half of 2024, according to data provided by S&P Global Market Intelligence. Moreover, the stock declined 9% after the company updated the market on the swimming pool season and promptly said new pool construction activity in 2024 could be down 15% to 20%. In addition ...
Pool Corporation Announces Second Quarter 2024 Earnings Release Date and Conference Call
Newsfilter· 2024-07-11 20:01
COVINGTON, La., July 11, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that the Company will release its second quarter 2024 earnings results before the market opens on July 25, 2024, and will hold a conference call to discuss the results at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) that same day. The earnings release as well as a live webcast and replay of the conference call will be available on the Company's website at www.poolcorp.com. The conference call can also be a ...