secwatch.observer — SEC 8-K summary
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Issuer:     POOL CORP (POOL)
CIK:        0000945841
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0000945841-23-000126
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pool Corp Q3 2023 EPS $3.51 vs $4.78 YoY; narrows FY guidance to $13.15-$13.65
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- Net sales of $1.5B, down 9% YoY from record Q3 2022; operating margin 13.2% vs 16.3%.
- Gross margin fell 210 bps to 29.1% on selling through lower-cost prior-year inventory.
- Diluted EPS $3.51 ($3.50 ex tax benefits) vs $4.78 prior year; net income down 27%.
- FY 2023 EPS guidance narrowed to $13.15-$13.65 (incl $0.15 YTD tax benefit).
- Inventory down 18% YoY to $1.3B; operating cash flow improved to $750M YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945841/000094584123000126/0000945841-23-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945841/000094584123000126/pool-20231019.htm
  HTML page:      https://secwatch.observer/filing/0000945841-23-000126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer