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POOL News
POOL Events
Q2 Revenue at $1.82B, In Line with Consensus
Reports Q2 revenue $1.82B, consensus $1.82B. "Our second quarter net sales grew 2% over prior year, reflecting steady maintenance demand from our installed base, continued momentum in building materials in a muted discretionary market, and the disciplined execution of our team across our 455 sales centers worldwide. We managed our inventory well, reflecting seasonal declines, as we moved through the peak season. We are focused on four priorities: sales excellence, pricing and supply chain discipline, operational execution, and disciplined M&A, each intended to serve our customers better and grow the business. Since stepping into this role, my conversations with our team, our customers and our suppliers have reinforced my confidence in the strength of our business and the opportunities ahead," said John Watwood, president and CEO.
Watwood Expects 2026 EPS of $10.87 to $11.17
"We remain confident that we will achieve 2026 diluted EPS in the range of $10.66 to $10.96, or $10.87 to $11.17 excluding the impact of CEO transition costs and including the impact of ASU 2016-09 year-to-date tax benefits. Our industry-leading distribution network, deep supplier relationships and digital capabilities continue to differentiate us in the market and position us well for the balance of the year. Our exceptional team is pursuing focused actions to build upon our competitive advantages and strengthen our execution to deliver long-term value for our shareholders," said Watwood.
Pool Corp. Appoints John Watwood as New CEO
Pool Corp. (POOL) announced that its board of directors has appointed John Watwood as president and CEO, effective May 4. Peter Arvan will step down as president and CEO and as a member of the company's board of directors on the same date. John Stokely, chair of the board, has also been appointed as executive chair. Watwood joined the company as executive VP in January. Prior to his transition to Pool Corp., Watwood most recently served as senior VP of sales and operations at Motion Industries, a subsidiary of Genuine Parts Company (GPC).
Company Expects Full-Year 2026 Results to Meet Guidance
The company said, "The Company continues to expect its full-year 2026 results to fall within the range provided in its first quarter earnings release issued on April 23, 2026."
Pool Corp. Increases Share Repurchase Program to $600M
Pool Corp. announced that its board of directors increased the company's share repurchase program to $600M. This update adds $329M to the $271M that remained under its existing share repurchase program as of April 28. "The increase in POOLCORP's share repurchase program and quarterly dividend demonstrates our commitment to disciplined capital allocation," said John Stokely, chair of the board. "Together with the strategic investments we have made over the past several years, we believe we are well positioned for growth from our proven operating model to create long-term value for our stockholders, customers, suppliers and employees."
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