Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending
June 25, 2024 at 11:00 AM EDT
The world’s largest wholesale distributor of swimming pools and related outdoor living products, with hundreds of stores across North America, Europe, and Australia, slashed its full-year earnings forecast. Pool Corp. cites “recent trends that dampen discretionary spending,” signaling a broader consumer downturn theme. The company—which sells pool chemicals, cleaners, filters, and building materials—revised its 2024 earnings guidance […] Source
