POOL - Pool Corporation: Treading Water After Earnings
2024-04-25 13:50:44 ET
Summary
- Pool Corporation, the largest wholesale distributor of pools and pool equipment in the U.S., has seen its stock decline by 36.5% from its peak in November 2021.
- Part of its business is linked to non-discretionary spending, making the company stand out as one able to generate recurring revenue.
- However, growth is also closely tied to certain discretionary spending dynamics.
- In this article, we dive deep into the company's structure and its latest earnings report to assess whether we are before an actionable investment or not.
Pool Corporation ( POOL ) is usually eyed by investors as a free cash flow generation machine thanks to its solid service and maintenance business line, which keeps pumping profits into the company's pockets....
Pool Corporation: Treading Water After Earnings