Pool Corporation Reports Second Quarter Results; Confirms Annual Earnings Guidance Range, Excluding CEO Transition Costs
Pool Corporation reported Q2 net sales of $1.8 billion, up 2% year-over-year, driven by steady maintenance demand and building materials momentum despite a muted discretionary market. Adjusted diluted EPS increased 4% to $5.38, while GAAP EPS remained flat at $5.17 due to $8.3 million in one-time CEO transition costs incurred during the quarter.
Key figures
- Eps
- 5.17
- Revenue
- 1822938000
- Guidance
- $10.87 to $11.17 per diluted share (adjusted), excluding CEO transition costs
- Revenue Yoy
- 2%
- Adjusted eps
- 5.38
- Gross margin
- 29.7%
- Operating income
- 267679000
- Ceo transition costs
- 8300000
- Adjusted operating income
- 275941000
AI analysis
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