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Mar 31, 2022
Pool Corp. Q1 2022 Earnings Report
Reported record results and increased 2022 earnings guidance.
Key Takeaways
Pool Corporation reported record first-quarter results with net sales reaching $1.4 billion, a 33% increase from Q1 2021. Operating income surged by 83% to $235.7 million, and diluted EPS rose by 82% to $4.41. The company has increased its annual earnings guidance to $18.34 - $19.09 per diluted share.
Net sales increased 33% to $1.4 billion compared to Q1 2021.
Operating income increased 83% to $235.7 million from Q1 2021.
Diluted EPS increased 82% to $4.41 compared to Q1 2021.
Annual earnings guidance increased to $18.34 - $19.09 per diluted share.
Pool Corp.
Pool Corp.
Forward Guidance
The company is raising its annual earnings guidance range to $18.34 to $19.09 per diluted share, including the impact of year-to-date tax benefits of $0.18.
Positive Outlook
- Confidence in industry dynamics.
- Sustained momentum of business.
- Long-term growth of business.
- Focus on operating priorities.
- Delivering a best-in-class customer experience.