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Jun 30, 2024
Pool Corp. Q2 2024 Earnings Report
Reported second quarter results with maintenance revenues contributing to net sales and a solid gross margin.
Key Takeaways
Pool Corporation reported a decrease in net sales by 5% to $1.8 billion compared to Q2 2023. Diluted EPS was $4.99, or $4.98 without tax benefits. The company confirms annual earnings guidance range of $11.05 - $11.45 per diluted share.
Net sales for Q2 2024 reached $1.8 billion, driven by strong maintenance revenues.
Gross margin was 30.0%, benefiting from recurring revenue contributions.
Operating income amounted to $271.5 million with an operating margin of 15.3%.
Diluted EPS for Q2 2024 was $4.99, or $4.98 excluding tax benefits.
Pool Corp.
Pool Corp.
Forward Guidance
The company is confirming its earnings guidance range of $11.05 to $11.45 per diluted share.