Covington, La.-based pool supplies distributor Pool Corporation (Nasdaq/GSM:POOL) reported 2022 sales growth of 17% to $6.2 billion, nearly double its 2019 sales.
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Base business sales increased 12%.
Net sales benefited about 10% from inflationary product cost increases and were aided by solid consumer demand for outdoor living products throughout the year. Net sales were also unfavorably impacted 1% from currency exchange rate fluctuations, 1% from softness in European markets and generally less favorable weather conditions on a year-over-year comparison.
Profit for the year was up 15% to $748.5 million.
