Description

Pool Corporation’s European Business Surges 11% As Key U.S. Markets Cool; A BUY Rating Coming?

Pool Corporation reported second quarter 2026 revenues of $1.8 billion, reflecting a 2% increase year-over-year, supported by strength in their recurring maintenance business and share gains in building materials. Growth in building materials was particularly notable at 4%, driven by National Pool Trends showrooms and expanded product offerings, while sales in chemicals declined 2% primarily due to pricing pressures. Internationally, the company’s European segment performed well with 11% sales growth attributed to favorable demand conditions. Equally, seasonal markets showed moderate expansion, growing 6%, while more stable or soft demand was observed in key U.S. states such as California, Texas, Arizona, and Florida, where sales declined mid-single digits and low single digits, respectively. The Horizon irrigation and landscape business faced continued weaknesses, especially in residential projects, negatively impacting results. Gross margin contracted by 30 basis points to 29.