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Pool Corporation To Celebrate 30 Years On Nasdaq By Ringing The Opening Bell - Pool (NASDAQ:POOL)
Benzingaยท 2025-10-21 21:30
Core Insights - Pool Corporation is celebrating its 30th anniversary as a publicly listed company by ringing the opening bell at Nasdaq, highlighting its growth and success over the years [1][2] Company Growth - Pool Corporation's annual sales have increased from $161 million in 1995 to $5.3 billion in 2024, showcasing significant revenue growth [2] - The company has expanded its workforce from approximately 800 employees to over 6,000 during the same period [2] - Since its initial public offering at $0.92 per share, Pool Corporation's market value has grown to $11 billion, reflecting a compounded annual growth rate of 23% in total shareholder return (TSR) for initial shareholders, which is double that of the S&P 500 [2] Investment Perspective - An investment of $10,000 at the time of Pool Corporation's IPO would be worth around $4.5 million today, including dividend reinvestment, indicating strong long-term investment performance [2] Operational Overview - Pool Corporation operates over 450 sales centers across North America, Europe, and Australia, distributing more than 200,000 products to approximately 125,000 wholesale customers [4]