Pool Corp (NASDAQ:POOL) reported first-quarter financial results ahead of the open on Thursday. Here’s a rundown of the report.
Net sales were down 4% year-over-year in the first quarter as discretionary projects “remained pressured.” The company noted that it saw an improvement in overall sales in March following challenging weather patterns in the first two months of the year. Pool Corp said maintenance-related product sales supported overall sales, as chemical volumes grew 1% with double-digit growth in private-label chemical products.
“During the quarter, we continued to expand our sales center network by adding two greenfield locations, optimizing our supply chain capabilities and further expanding our suite of premium product offerings,” said Peter Arvan, president and CEO of Pool Corp.
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Pool Corp reported $27.2 million in net cash from operations. The company said it had total inventory of $1.5 billion as of March 31.
“We confirm our full-year 2025 earnings guidance range of $11.10 to $11.60 per diluted share, which includes the impact of year-to-date tax benefits of $0.10,” Arvan said.
“As we approach the swimming pool season, we remain focused on strengthening our industry-leading position through disciplined execution, continued innovation of our customer-centric POOL360 digital ecosystem, growing our sales center network and a relentless commitment to helping our customers grow their businesses.”
POOL Price Action: Pool Corp shares were down 0.57% at $307.53 at the time of publication Thursday, per Benzinga Pro.
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