Pool Corporation Reports Q2 Earnings with Modest Sales Growth
Pool Corporation (NASDAQ:POOL) reported second-quarter net sales of $1.8 billion in fiscal year 2026, representing a modest 2% increase compared to the prior year. The growth was driven by recurring maintenance demand and stronger building materials sales, partially offsetting weakness in new pool construction and discretionary spending. CEO John Watwood emphasized that Pool's distribution model remains resilient due to its large installed base of pools and broad branch network. The company faced margin pressures from higher inbound freight costs and an unfavorable customer mix, leading it to revise its full-year gross margin outlook downward by approximately 30 basis points compared to the previous year. Despite this, Pool maintained its adjusted earnings per share (EPS) guidance between $10.87 and $11.17 for fiscal 2026. The company expects low single-digit revenue growth for the full year. Watwood highlighted strategic priorities including sales execution, supply chain discipline, and tuck-in acquisitions to drive future performance.