Pool Corporation ( (POOL) ) has released its Q4 earnings. Here is a breakdown of the information Pool Corporation presented to its investors.
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Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products, operating 448 sales centers across North America, Europe, and Australia, supplying over 200,000 products to approximately 125,000 wholesale customers.
In its latest earnings report, Pool Corporation reported net sales of $5.3 billion for 2024, with strong contributions from its recurring maintenance products despite a challenging macroeconomic environment. The company also highlighted improvements in its digital marketing strategies and the expansion of its sales center network.
The key financial highlights from 2024 include an operating income of $617.2 million with an operating margin of 11.6%. While net income declined by 17% to $434.3 million, the company managed to provide a robust net cash flow from operations amounting to $659.2 million. Also, Pool Corporation returned $483.4 million to shareholders through dividends and share repurchases. The company faced a 4% decline in net sales compared to 2023, mainly due to softer sales in discretionary products.
Looking ahead to 2025, Pool Corporation remains optimistic about leveraging its extensive sales network and introducing new products to capitalize on stable home values and favorable industry trends. The company has set its earnings guidance for 2025 within the range of $11.08 to $11.58 per diluted share, signaling confidence in its strategic direction and market position.
Overall, Pool Corporation’s strategic initiatives and financial discipline are expected to position the company well for future growth, even as it navigates a dynamic economic landscape.
