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Jun 30, 2022
Pool Corp. Q2 2022 Earnings Report
Reported record second quarter results and updated 2022 earnings guidance.
Key Takeaways
Pool Corporation reported record second quarter results with net sales of $2.1 billion, a 15% increase from Q2 2021. Operating income increased by 24% to $418.9 million, and diluted EPS rose by 20% to $7.63. The company updated its annual earnings guidance range to $18.38 - $19.13 per diluted share.
Net sales reached a record $2.1 billion, up 15% from Q2 2021.
Operating income increased 24% to $418.9 million with a 150 bps improvement in operating margin.
Diluted EPS for Q2 2022 was $7.63, a 20% increase from Q2 2021.
Annual earnings guidance range increased to $18.38 - $19.13 per diluted share.
Pool Corp.
Pool Corp.
Forward Guidance
The company expects continued growth in the second half of the year and updated its annual earnings guidance to be in the range of $18.38 to $19.13 per diluted share.