Pool beats Q1 revenue estimates, helped by maintenance demand

Pool

23/04/2026 12:10

Overview

U.S. pool supply distributor's Q1 revenue rose 6%, beating analyst expectations

Adjusted EPS for Q1 rose 8% and beat analyst expectations

Company cites strong maintenance demand and gradual recovery in discretionary categories for growth

Outlook

Pool confirms full-year 2026 diluted EPS guidance of $10.87-$11.17

Company says focus remains on operational efficiency and service as pool season begins

Pool expects expense growth rate to moderate as it laps prior year investments

Result Drivers

MAINTENANCE DEMAND - Pool said resilient demand for maintenance products drove sales growth

EQUIPMENT AND EARLY BUYS - Higher equipment sales and increased early buy activity contributed to revenue growth but weighed on gross margin

OPERATING EXPENSES - Higher facility costs, wages for new locations, technology spend and inflation drove operating expense growth

Company press release: ID:nGNXb1hFwz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.14 bln
$1.10 bln (13 Analysts)
Q1 Adjusted EPS
Beat
$1.43
$1.35 (14 Analysts)
Q1 EPS
$1.45


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy."

Wall Street's median 12-month price target for Pool Corp is $250.00, about 6.7% above its April 22 closing price of $234.22

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)