Pool Stock Earnings Reports

POOLCORP delivered a solid Q3 2025 driven by maintenance activity, private-label growth and gross margin improvement. Net sales were $1.5 billion, up 1% year-over-year; gross margin expanded 50 basis points to 29.6%; diluted EPS was $3.40, up 4% versus prior year. Key drivers were parts/private-label chemical volumes, building materials growth (first YoY growth since Q3 2022) and stronger adoption of POOL360 (record 17% of sales through the tool). Regionally Florida led with growth, Texas stabilized, and California/Arizona faced headwinds. Europe was slightly down in local currency but up in USD; Horizon grew 3%. One acquisition (2 locations) and one greenfield opened in the quarter; the company remains on track to open 8–10 new sales centers for the year. Inventory exited season at $1.2 billion; leverage remained low at ~1.58x. Cash flow from operations year-to-date declined vs. prior year, primarily due to higher taxes and working capital; share repurchases of $164M YTD with $493M remaining authorization. Guidance: full-year sales expected to be relatively flat to slightly up; diluted EPS guidance reconfirmed at $10.81–$11.31 (includes $0.11 ASU benefit). Management is investing in technology (POOL360 and consumer tools), private label innovation and locations to capture market share and long-term growth, while noting macro risks from tariffs and elevated borrowing rates that can constrain entry-level pool demand.