Wedbush Reiterates Outperform on Pool Corp. (POOL) Following 3Q Report

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Pool Corporation Reports Record Third Quarter Results and Updates 2016 Earnings Guidance Range

October 20, 2016 7:00 AM EDT

Highlights

Net sales growth of 7% with base business net sales growth of 5% for the quarterOperating income growth of 13% for the quarter, 17% year to dateQ3 2016 diluted EPS increased 14% to $1.03 with year to date diluted EPS up 20% to $3.39 Updated 2016 earnings guidance range to $3.40 - $3.46 per diluted share

COVINGTON, La., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Pool Corporation (NASDAQ: POOL) today reported record results for the third quarter of 2016 and the nine... More