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24.04.25 - 14:12
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ROUNDUP: Pool Corp Confirms FY25 Earnings Outlook (AFX)
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WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter on Thursday, Pool Corp. (POOL) confirms its earnings per share guidance for the full-year 2025.For fiscal 2025, Pool ......
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24.04.25 - 14:00
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Pool Corp. Q1 Profit Decreases, Misses Estimates (AFX)
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WASHINGTON (dpa-AFX) - Pool Corp. (POOL) announced a profit for first quarter that decreased from last year and missed the Street estimates.The company's bottom line totaled $53.55 million, or $1.......
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25.06.24 - 17:42
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Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending (ZeroHedge)
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Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending
The world's largest wholesale distributor of swimming pools and related outdoor living products, with hundreds of stores across North America, Europe, and Australia, slashed its full-year earnings forecast. Pool Corp. cites "recent trends that dampen discretionary spending," signaling a broader consumer downturn theme.
The company—which sells pool chemicals, cleaners, filters, and building materials—revised its 2024 earnings guidance to $11.04 to $11.44 per diluted share from the previous range of $13.19 to $14.19, as the challenging macroeconomic environment continues to hamper discretionary pool spending.
Pool Corp. said sales year-to-date sales, while better than in the first quarter, had trended down around 6.5%, adding that it now expected full-year sales "in a similar range."
"The discretionary components of our business, which are the most affected by general economic conditions, have been ch...
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