Earnings ·
Pool Corp reports Q3 diluted EPS of $3.40 and confirms full-year adjusted earnings guidance
POOLPool Corp
Pool Corporation reported third-quarter net sales of $1.5 billion, a 4% increase year over year, driven by price growth and stronger maintenance activity. Operating income decreased 3% to $172.2 million, resulting in diluted EPS of $3.40, consistent with the prior-year period. The company confirmed its full-year adjusted diluted earnings per share guidance range of $10.87 to $11.17 and increased its quarterly dividend by 4% to $1.30 per share. Pool Corporation operates as the world’s largest wholesale distributor of swimming pool and related backyard products.