Companies /Industrials

Pool Corporation

NASDAQ: POOL Industrial Distribution
$185.52
▼ $2.86 (−1.52%) today
Markets open · 1:57pm ET

Q1 2025 Earnings

Reported Apr 24, 2025, 9:54am ET · SEC source
$1.42
Miss −2.86%
EPS · est. $1.46
$1.1B
Miss −2.53%
Revenue · est. $1.1B
−3.7%
Trailing market
POOL vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%Apr 24Apr 25report 9:54am ETearnings+2.2%−2.9%
−3%0+3%Apr 24Apr 25earnings+2.2%−2.9%
POOL −2.9%S&P 500 +2.2%
−3%0+3%Apr 24Apr 25report 9:54am ETearnings+2.8%−2.9%
−3%0+3%Apr 24Apr 25earnings+2.8%−2.9%
POOL −2.9%NASDAQ +2.8%
−4%0+4%Apr 23May 2report 9:54am ETearnings+4.9%−0.2%
−4%0+4%Apr 23May 2earnings+4.9%−0.2%
POOL −0.2%S&P 500 +4.9%
−4%0+4%Apr 23May 2report 9:54am ETearnings+6.0%−0.2%
−4%0+4%Apr 23May 2earnings+6.0%−0.2%
POOL −0.2%NASDAQ +6.0%
−6.66%
Day of report
+1.00%
Next session
+2.65%
One week
+4.44%
30 days

S&P 500 over the same 30 days: +8.13%.

Did POOL Beat Earnings? Q1 2025 Results

Pool Corporation opened 2025 on a soft note, missing analyst expectations on both the top and bottom lines as wet weather and cautious consumer spending weighed on the quarter. The pool products distributor posted revenue of $1.07 billion, falling 4.4% year-over-year and coming in 2.53% below the $1.10 billion consensus estimate, while diluted EPS of $1.42 missed the $1.46 Wall Street forecast by 2.86%. The single most material driver behind the shortfall was a combination of unfavorable January and February weather suppressing discretionary project activity, alongside a tough comparison against a Q1 2024 gross margin that had been inflated by a $12.60 million non-recurring import tax reversal. Maintenance-related products provided some stability, with chemical volumes growing 1% and conditions improving meaningfully in March as the peak season approached. Despite the miss, management reaffirmed full-year 2025 diluted EPS guidance of $11.10 to $11.60, signaling confidence that the sequential improvement trend will carry through the stronger summer selling months.

Key Takeaways
  • Maintenance-related product sales supported overall sales with chemical volumes growing 1%
  • Double-digit growth in private-label chemical products
  • Same-selling day sales decline of 2%, consistent with improved Q4 2024 trend
  • Sales improved in March following challenging weather in January and February
  • Q1 2024 gross margin benefited from non-recurring $12.6 million import tax reversal; excluding this, Q1 2025 gross margin was 10 basis points higher year-over-year
  • Variable cost management partially offset inflationary and expansion-related operating expense increases

“Execution of our long-term strategic initiatives and organic growth investments contributed positively to our performance this quarter, and our team generated over $1.0 billion in net sales, highlighting the strength and resiliency of our business. During the quarter, we continued to expand our sales center network by adding two greenfield locations, optimizing our supply chain capabilities and further expanding our suite of premium product offerings. Combined with further integration of our digital platform, these initiatives position us to capture available demand that allows us to outperform the market while providing a best-in-class customer experience.”

Pool CEO, on the earnings call

Forward Guidance & Outlook

Pool Corporation confirmed its full-year 2025 earnings guidance range of $11.10 to $11.60 per diluted share, inclusive of the Q1 2025 ASU 2016-09 tax benefit of $0.10 per share. The company remains focused on strengthening its market position through disciplined execution, innovation of the POOL360 digital ecosystem, growing the sales center network, and commitment to helping customers grow their businesses.

POOL YoY Financials

Q1 2025 vs Q1 2024 · SEC filings Q1 2024 Q1 2025
$0$400.0M$800.0M$1.2B$1.1B$1.1BRevenue$338.6M$312.4MGross Profit$108.7M$77.5MOperating Income$78.9M$53.5MNet Income
$0$400.0M$800.0M$1.2BRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.