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Home » Distribution Industry News » Pool Corporation Reports First-Quarter Sales Up 33% 

Date

  • Published on: April 22, 2022

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  • Jonathan Bein Jonathan Bein

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Distribution Industry News

Pool Corporation Reports First-Quarter Sales Up 33% 

Pool Corporation (Nasdaq/GSM: POOL), Covington, La., reported record sales for the first quarter of 2022. Sales increased 33% in the first quarter of 2022 to $1.4 billion, up 57% from the prior-year period. Base business sales grew 26%, and gross profit increased 49% to $447.2 million. 

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Profit for the first quarter was $179.3 million, up 82%. 

“Healthy contractor backlogs and robust demand for outdoor living products continued to drive net sales growth, and our focus on capacity creation and operating efficiency generated solid operating margin improvement and outstanding bottom-line results,” Pool Corporation President and CEO Peter D. Arvan said. 

Jonathan Bein

Jonathan Bein

Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s developed customer-facing analytics approaches for customer segmentation, customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at [email protected].

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