Pentair eked out a 1.6% EPS beat but collapsed on revenue as a $170 million Pool channel destocking wiped 42% off that segment's sales, forcing the company to guide Q3 EPS down 13-15% as inventory correction persists into the second half.
Pentair :
PNR
PNR
Stock Data
$63.16
$0.28 (0.45%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
SPECIALTY INDUSTRIAL MACHINERY
Pentair plc is a global leader in providing innovative water solutions across a broad spectrum of applications. With operations spanning from the United States to Japan, including Western Europe and Southeast Asia, Pentair delivers a comprehensive range of products and services. Its offerings include fluid treatment and pump systems for residential, commercial, and industrial markets, advanced water treatment products for both commercial and residential use, and a wide array of pool equipment and accessories for maintenance and construction. Founded in 1966 and headquartered in London, Pentair is dedicated to enhancing the quality, availability, and enjoyment of the world's water resources.
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