pool corp (POOL) Key Developments
Pool Corporation Announces Management Changes
May 11 15
On May 6, 2015, Pool Corporation announced that Stephen C. Nelson, Vice President, will retire from the company effective June 30, 2015. On May 6, 2015, Pool Corporation announced the following organizational changes: Mark W. Joslin, Vice President and Chief Financial Officer since 2004, was named Senior Vice President and Chief Financial Officer. Two new officer appointments were made: Timothy M. Babco was named Chief Information Officer and General Manager - Operations; Donna K. Williams was named Chief Marketing Officer and General Manager - Sales, Marketing & Product Management.
Pool Corporation Declares Quarterly Cash Dividend, Payable on June 3, 2015
May 7 15
Pool Corp. announced that the Board has declared a quarterly cash dividend of $0.26 per share, an 18% increase over the previous quarterly dividend amount of $0.22 per share. The dividend is payable on June 3, 2015 to stockholders of record on May 20, 2015.
Pool Corp. Announces Unaudited Consolidated Earnings Results for First Quarter Ended March 31, 2015; Affirms Earnings Guidance for the Year 2015; Provides Earnings Guidance for the Second Quarter of 2015
Apr 23 15
Pool Corp. announced unaudited consolidated earnings results for first quarter ended March 31, 2015. For the quarter, the company reported net sales of $450,430,000, operating income of $15,599,000, income before income taxes and equity earnings of $13,604,000, net income attributable to company of $8,419,000 or $0.19 per basic and diluted share, net cash used in operating activities of $57,653,000, purchase of property and equipment, net of sale proceeds of $8,797,000, adjusted EBITDA of $21,602,000 compared to the net sales of $406,344,000, operating income of $8,646,000, income before income taxes and equity earnings of $6,713,000, net income attributable to company of $4,188,000 or $0.09 per basic and diluted share, net cash used in operating activities of $37,345,000, purchase of property and equipment, net of sale proceeds of $5,870,000, adjusted EBITDA of $14,333,000 for the same quarter a year ago.
The company affirmed 2015 annual earnings guidance of $2.72 to $2.87 per diluted share. The company’s expectation is that 2015 gross margins will be essentially flat with 2014.
The company expects second quarter 2015 sales and profitability to be impacted in the opposite direction with a net result being relatively weaker year-over-year results in second quarter compared to other periods in the year.
Pool Corp. Presents at 19th Annual Burkenroad Reports Investment Conference, Apr-24-2015 11:00 AM
Mar 30 15
Pool Corp. Presents at 19th Annual Burkenroad Reports Investment Conference, Apr-24-2015 11:00 AM. Venue: Hyatt Regency New Orleans Hotel, 601 Loyola Avenue, New Orleans, LA 70113, United States. Speakers: Craig K. Hubbard, Investor Relations Officer, Mark W. Joslin, Chief Financial Officer and Vice President.
Pool Corp. to Report Q1, 2015 Results on Apr 23, 2015
Mar 27 15
Pool Corp. announced that they will report Q1, 2015 results at 10:00 AM, Central Standard Time on Apr 23, 2015