earnings
confidence high
sentiment negative
materiality 0.80
Pool Corp reports record 2022 revenue $6.2B, EPS $18.70; guides 2023 EPS $16.03-$17.03, down 9-14%
POOL CORP
2022-FY EPS reported
$18.70
revenue$6,179,727,000
- Record 2022 net sales $6.2B (+17% YoY); diluted EPS $18.70 (+17%); adjusted EPS $18.43 (+21%).
- Q4 net sales $1.1B (+6%) but diluted EPS fell 31% to $1.82; adjusted EPS down 22% to $1.79.
- 2023 diluted EPS guidance $16.03-$17.03 (down 9-14% from 2022), including $0.03 tax benefit.
- Gross margin contracted 230 bps in Q4 to 28.8%, hurt by $13M in import tariffs and lower vendor incentives.
- Inventory rose 19% to $1.6B; debt up $203.5M to $1.4B to fund $471M in share repurchases.