secwatch.observer — SEC 8-K summary
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Issuer:     POOL CORP (POOL)
CIK:        0000945841
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000945841-24-000130
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pool Corp Q2 net sales $1.8B (-5% YoY); EPS $4.99 vs $5.91; confirms FY guidance $11.05-$11.45
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- Q2 diluted EPS of $4.99, down 16% YoY; operating income $271.5M (-17% YoY).
- Gross margin of 30.0% down 60 bps YoY; cites product mix shift away from higher-margin building materials.
- Recurring maintenance product sales held up; discretionary remodeling and new pool spending declined.
- First-half inventory down $97.3M to $1.3B; total debt reduced $68.0M to $1.1B.
- Management reaffirms FY2024 EPS guidance of $11.05-$11.45; sees moderating expense growth in H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945841/000094584124000130/0000945841-24-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945841/000094584124000130/pool-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000945841-24-000130

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