POOL CORP Q2 Sales +2% to $1.82B; Net Income -3% to $188.1M

POOL CORP reported a 2% increase in net sales to $1.82 billion for the second quarter of 2026. However, GAAP net income decreased 3% to $188.1 million, and operating income fell 2% to $267.7 million, primarily due to $8.3 million in CEO transition costs. Adjusted diluted EPS, excluding these costs, increased 4% to $5.38. The company's gross margin also saw a 30 basis point decrease to 29.7%, while total debt outstanding rose by $110.8 million to $1.3 billion. For the full year 2026, POOL CORP anticipates low single-digit sales growth and a gross margin approximately 30 basis points below 2025 levels.