logo
    • News
    • Classifieds
    • Free Subscription
    • Book Store
    • Submit
      • Submit a Classified Ad
      • Submit an Educational Announcement
      • Submit a letter to The Editor
    • Past Issues
    • Regional Trade Shows
    • Testimonials
    • Contact
    • News
    • Classifieds
    • Free Subscription
    • Book Store
    • Submit
      • Submit a Classified Ad
      • Submit an Educational Announcement
      • Submit a letter to The Editor
    • Past Issues
    • Regional Trade Shows
    • Testimonials
    • Contact
News
May 31, 2021
Pool Corp stock rises 22.4% in April

Shares of pool and spa products distributor Pool Corp, which lists its stock under the ticker symbol “POOL,” rose by 22.4% in April according to data from the S& P Global Market Intelligence. The upward move followed the release of excellent first quarter earnings results.

According to Peter D. Arvan, President and Chief Executive Officer, first quarter sales came in at $1.1 billion, the first time in the company’s history that they crossed the $1 billion mark in the first quarter. This represents a 57% increase over the same period last year and was the result of strong demand in virtually all their markets in North America, and even stronger market conditions and execution in Europe.

Europe posted dramatic results in the first quarter: sales were up 115%, with the month of March being the largest month ever for Pool Corp in Europe. As in North America, consumers are investing in their backyards.

Pool Corp describes itself as the 'world's largest wholesale distributor of swimming pool and related backyard products.' However, the overwhelming majority – 86% of its sales come from its North American pool market with its greatest geographical presence in California, Florida, Texas and Arizona, all of which showed strong growth. California saw a very robust 30% gain in the quarter. In Florida, sales grew by 33%. In Arizona, sales grew by 29%, while Texas grew by 68% in the quarter.

Texas’s growth was positively impacted by the February storm, where total sales grew by 1% to 2%, or $15 million to $20 million.

Overall, these year-round markets saw a 40% increase for the quarter, while in seasonal markets, sales increased by 66%.

Equipment sales saw gains of 61%, driven by strong demand for heaters, lighting, pumps and filters. This followed fourth quarter gains of 51%. Chemical sales were up 18% in the quarter. This is partially because of the increased pricing of dichlor and trichlor due to industry supply shortages for these products.

Pool Corp reports new pool installations grew by approximately 2% overall. Building material sales increased 34% in the quarter, which reportedly reflects a very healthy demand for construction and remodeling products. Retail-related product sales were up 43% in the quarter, reflecting strong confidence by their dealers and increased early buy activity compared to last year. Arvan says they believe that new pool construction was approximately 96,000 units in 2020. They are anticipating that in 2021, new pool construction will exceed 110,000 units for the first time since the Great Recession.

Meanwhile, commercial pool category sales growth turned positive for the first time since the onset of the pandemic, posting 3% growth, and is expected to strengthen with people beginning to travel more.

It is difficult to predict what 2021 will have in store for investors in Pool Corp stock. Bulls will argue that the 2% growth in installed pools and considerable backlog for new pool construction is evidence for continued growth. Bears would point out that the company is trading during unprecedented times, with astonishing growth rates that won’t be seen again for the foreseeable future.

LATEST NEWS
Pool Hot Tub Alliance takes to the Hill
News
Pool Hot Tub Alliance takes to the Hill
PHTA members, staff met with congressional leaders to discuss swimming pool related issues
May 31, 2025
By Marcelle Dibrell The Pool & Hot Tub Alliance (PHTA) hosted its third annual PHTA Day on the Hill this April as association members went to Washingt...
this is a test
News
Pool techs answer service pricing survey
May 31, 2025
With the summer solstice a couple weeks away and Memorial Day just past, it’s hard to argue that summertime hasn’t arrived, and that means that it’s t...
this is a test
LA pools overwhelmed by mosquitos
News
LA pools overwhelmed by mosquitos
May 31, 2025
Beleaguered residents of the recent catastrophic Los Angeles fires are facing a new public health crisis: Mosquitoes. It was a predictable outcome tha...
this is a test
Hotel pool heater sends 2 to hospital
News
Hotel pool heater sends 2 to hospital
May 31, 2025
A carbon monoxide incident in a Kansas hotel caused by a swimming pool heater sent two guests to the hospital. The DoubleTree by Hilton in Riley Count...
this is a test
BioLab Conyers, Georgia plant closes
News
BioLab Conyers, Georgia plant closes
May 31, 2025
The chlorine manufacturing plant that was responsible for last year’s massive chemical fire in Georgia will not be reopening. BioLab, owner of the Con...
this is a test
MONEY ON THE TABLE
News
DON’T LEAVE
MONEY ON THE TABLE
SIGN UP TODAY & GET THE RIGHT TOOLS
May 31, 2025
DON’T LEAVE SIGN UP TODAY & GET THE RIGHT TOOLS The Fluidra ServicePro rewards program is designed specifically for pool service companies and gives y...
this is a test
Read Our Newsletter
ePaper
coogle_play
app_store
Free Subscription
View Current Print Ads
Educational Announcements
Aquatic Training Institute

Educational Leverage

Foundation For Pool Industry Education

Locey Pool

Pool Chemistry Training Institute

Pool & Hot Tub Alliance

Portofino University

Underwater Pool Masters
Trade Show Dates
  • The International Pool Spa Patio Expo
    Nov. 12-14, Dallas, Texas
  • The Pool and Spa Show
    Jan. 28-30, Atlantic City, New Jersey
  • 35th Annual National Plasterers Conference
    Feb. 26-28, Lake Buena Vista, Florida
  • The Southwest Pool and Spa Show
    Feb. 4-8, Houston, Texas
  • The Western Pool and Spa Show
    Feb. 6-8, Long Beach, California
Books to Order
About Us Terms of Use Privacy Policy
We use cookies to ensure that our website gives you the best experience possible. By continuing to use this website, you agree to this use of cookies.OK