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Pool ( (POOL) ) has shared an update.
Pool Corporation reported its 2024 financial results, with net sales of $5.3 billion and operating income of $617.2 million, despite a challenging economic environment. The company saw a 4% decline in net sales compared to 2023, attributed to reduced spending on discretionary products. However, its strategic initiatives, including the expansion of its digital ecosystem and sales centers, helped maintain a solid operating margin. Looking forward to 2025, Pool Corporation anticipates earnings per share to be between $11.08 and $11.58, bolstered by ongoing industry trends and strong operational foundations.
More about Pool
POOLCORP is the world’s largest wholesale distributor of swimming pool and related backyard products, operating 448 sales centers across North America, Europe, and Australia. It distributes over 200,000 products to around 125,000 wholesale customers.
YTD Price Performance: 2.40%
Average Trading Volume: 351,143
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.07B
See more insights into POOL stock on TipRanks’ Stock Analysis page.
