Pool Corp's Q3 revenue rises 4%, beats estimates on higher prices, maintenance activity

Overview

• US pool supplies distributor's Q3 net sales rose 4%, beating analyst expectations

• Adjusted diluted EPS for Q3 was flat yr/yr at $3.40

• Company confirmed full-year adjusted EPS guidance

Outlook

• Pool confirms 2026 full-year adjusted diluted EPS guidance of $10.87 to $11.17

• Company maintains 2026 full-year diluted EPS guidance of $10.66 to $10.96

Result Drivers

• PRICE AND MAINTENANCE - Co said Q3 sales growth was driven by higher prices, solid maintenance activity and improved building materials sales

• FREIGHT COSTS AND MIX - Co attributed lower gross margin to higher inbound freight costs and changes in customer mix

• OPERATING EXPENSES - Higher operating expenses were due to increased performance-based compensation, employee insurance and outside fees

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the recreational products peer group is "buy."

• Wall Street's median 12-month price target for Pool Corporation is $196.81, about 14.1% above its October 21 closing price of $172.44

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago

Reuters Recommended Reads

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)