Why Hayward Holdings Stock Surged Today [Yahoo! Finance]
Pool Corporation (POOL)
Last pool corporation earnings: 4/23 07:00 am
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Source: Yahoo! Finance
the stock today after a positive set of earnings sent the stock up 16% by 11 a.m. Peers like Pentair and Pool Corp. were darlings of the market when the pandemic hit and lockdown measures brought about a boom in spending on recreational activity at home. Their soaring profitability and valuations encouraged Hayward Holdings to the market in 2021, only for all three of these stocks to start being sold off in 2022 as the market started pricing in the inevitable slowdown from previous torrid rates of growth. Higher interest rates didn't help, either A natural sales correction was compounded by a rising rate environment and pressure on consumer discretionary spending, and it was no surprise to see Hayward Holdings reporting a sales decline in its full-year earnings release today. The market liked today's earnings and guidance However, what was a surprise was the magnitude of the decline -- it was less than the market had expected. While sales declined 24% for the full year, they
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News
- Pool Corp (POOL) Q1 Earnings Miss Estimates, Decline Y/Y [Yahoo! Finance]Yahoo! Finance
- Pool Corporation: Treading Water After Earnings [Seeking Alpha]Seeking Alpha
- Pool Corporation Reports First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Pool Corporation Reports First Quarter ResultsGlobeNewswire
- Pool Corp (POOL) to Report Q1 Earnings: Here's What to Expect [Yahoo! Finance]Yahoo! Finance
POOL
Earnings
- 4/25/24 - Beat
POOL
Sec Filings
- 4/25/24 - Form 8-K
- 3/28/24 - Form 4
- 3/28/24 - Form ARS
- POOL's page on the SEC website