earnings
confidence high
sentiment negative
materiality 0.70
Pool Corp Q2 EPS $5.91 (-23% YoY); revenue $1.9B; FY guidance narrowed to $13.14-$14.14
POOL CORP
2023-Q2 EPS reported
$8.48
revenue$3,064,138,000
- Q2 diluted EPS $5.91 vs $7.63 YoY (-23%); revenue $1.9B (-10% from record $2.1B).
- Operating income $327M (-22% YoY); operating margin 17.6% vs 20.4% in Q2 2022.
- FY 2023 EPS guidance narrowed to $13.14-$14.14 (midpoint $13.64) from prior range; includes $0.14 YTD tax benefit.
- H1 net cash from operations record $376.8M; debt reduced $202M since Dec 2022.
- Cooler weather in Q2 impacted maintenance and discretionary replacement activity.