8/102 sources · 2 publishersUpdated Oct 23, 13:07 UTC
Pool Corp reports Q3 sales beat and confirms full‑year earnings guidance
Pool Corp posted third‑quarter net sales of $1.50 billion, up 4% year over year, and adjusted earnings of $3.40 per share, both above analyst expectations. Gross margin slipped 60 basis points to 29.0% because of higher freight costs, but the company reaffirmed its 2026 adjusted diluted EPS guidance of $10.87‑$11.17. Following the release, the stock jumped about 10% and analysts raised their price targets, with Stephens moving its target to $230.
Why it matters
The confirmation of full‑year guidance suggests earnings continuity, while Stephens’ target raise to $230 signals analyst optimism and could support further price appreciation.
Key facts
- 1Q3 net sales were $1.50 billion, a 4% increase from the prior year. financialcontent.com
- 2Adjusted earnings per share were $3.40, beating the $3.36 consensus. financialcontent.com
- 3Gross margin fell 60 basis points to 29.0% year‑over‑year. financialcontent.com
- 4Management reaffirmed full‑year adjusted diluted EPS guidance of $10.87‑$11.17. financialcontent.com
- 5Shares rose 10.4% in the afternoon session after the earnings release. financialcontent.com
- 6Stephens raised its price target for Pool Corp to $230 from $200. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.