Pool Corporation Earnings Call Transcripts
Fiscal Year 2026
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The meeting covered board responsibilities, introduced director nominees, and confirmed a quorum. All proposals, including director elections, auditor retention, and executive compensation, were approved. Stockholders' questions were addressed at the end.
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Q1 2026 saw 6% sales growth and 7% operating income growth, with strong maintenance demand and digital engagement. Full-year EPS guidance is reaffirmed, gross margin remains stable, and inventory is positioned for the peak season.
Fiscal Year 2025
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Revenue held steady at $5.3B in 2025, with gross margin up and maintenance demand resilient despite a decline in new pool construction. 2026 guidance calls for low single-digit sales growth, stable margins, and EPS of $10.85–$11.15, supported by ongoing investments in technology and disciplined capital allocation.
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Q3 2025 saw 1% sales growth and 50 bps gross margin expansion, driven by maintenance and private label products. Technology investments, especially POOL360, are fueling digital adoption and operational efficiency. Full-year sales and EPS guidance were reaffirmed, with continued focus on innovation and strategic growth.
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Q2 2025 saw 1% sales growth, stable margins, and strong maintenance product performance, offsetting weaker new construction. Full-year sales are expected to be flat, with EPS guidance updated to $10.80-$11.30 amid persistent macro headwinds and resilient aftermarket demand.
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First quarter sales declined 4% year-over-year, but maintenance products and private label chemicals showed strong growth, offsetting discretionary weakness. Full-year EPS guidance was reaffirmed, with price increases and disciplined expense management expected to support margins despite macro and competitive pressures.
Fiscal Year 2024
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2024 revenue declined 4% to $5.3B, but exceeded guidance amid a 15% drop in new pool construction. Maintenance and private label chemical sales were strong, while 2025 is expected to be flat to slightly up, with stable margins and continued investment in technology and expansion.
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Q3 sales declined 3% year-over-year to $1.4B, with maintenance sales improving and gross margin steady at 29.1%. Full-year EPS guidance is maintained at $11.06–$11.46, as new pool construction is expected to decline 20% and discretionary spending remains weak.
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Q2 2024 net sales declined 5% year-over-year to $1.8 billion, with maintenance business strength offsetting weaker new pool construction and renovation. Gross margin held at 30%, and full-year EPS guidance was reaffirmed at $11.05-$11.45. Digital initiatives and network expansion continued to drive share gains.