Shares of Pool Corporation (NASDAQ:POOL) are trading higher Thursday morning after the company reported better-than-expected first-quarter financial results and nudged its full-year guidance upward. The stock is gaining Thursday morning as investors react to the upbeat quarterly print.
- Pool shares are trending higher. Why is POOL stock trading higher?
POOL Q1 Earnings, Revenue Highlights
The wholesale distributor of swimming pool supplies reported first-quarter diluted earnings of $1.45 per share, representing a 2% year-over-year increase and beating the analyst consensus estimate of $1.36. Pool also posted quarterly net sales of $1.138 billion, which topped the consensus estimate of $1.097 billion.
Net sales climbed 6% year-over-year, driven by solid demand for maintenance products, strong equipment sales, and a gradual improvement in discretionary categories. Year-over-year sales growth also benefited from price increases enacted last year.
While operating income grew 7% to $82.6 million, gross margin decreased 20 basis points to 29.0% due to a typical seasonal mix of lower-margin customer early buy purchases.
POOL Stock 2026 Guidance And Outlook
Looking ahead, Pool Corporation updated its full-year 2026 GAAP earnings guidance from a previous range of $10.85 to $11.15 to a raised range of $10.87 to $11.17 per share, sitting near the current analyst estimate of $11.11.
CEO Peter D. Arvan highlighted the company’s strong start, noting resilient maintenance demand and confidence in driving profitable growth.
POOL Shares Edge Higher Thursday Morning
POOL Price Action: Pool shares were up 3.65% at $242.78 during premarket trading on Thursday, according to Benzinga Pro data.
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