Pool Corporation Says Seasonally Significant Q2 2024 Revenues Are Below Previous Expectations Driven By Lower New Pool Construction And Remodel Activity
Portfolio Pulse from Benzinga Newsdesk
Pool Corporation announced that its Q2 2024 revenues are below previous expectations due to a decline in new pool construction and remodel activity.

June 24, 2024 | 8:02 pm
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NEGATIVE IMPACT
Pool Corporation's Q2 2024 revenues are below expectations due to decreased new pool construction and remodel activity.
The announcement of lower-than-expected revenues for Q2 2024 is likely to negatively impact Pool Corporation's stock price in the short term. The decline in new pool construction and remodel activity suggests a potential slowdown in demand, which could concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100