Key Developments For Pool Corporation
Pool Corporation (POOL.O) (Nasdaq)
Pool Corporation Declares Quarterly Cash Dividend
Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share. The dividend will be payable on December 3, 2009 to holders of record on November 16, 2009.
Pool Corporation Lowers FY 2009 EPS Guidance
Pool Corporation revised fiscal 2009 annual earnings per share (EPS) guidance from previous range of $1.00 to $1.05 per diluted share excluding one-time charges. The revised guidance is $0.41 to $0.46 per diluted share including the effect of the LAC charge in the third quarter, or an adjusted range of $0.95 to $1.00 per diluted share excluding the LAC impairment charge and any other one-time charges. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.03 for the same period.
Pool Corporation Signs Definitive Agreement to Acquire Distribution Assets Of General Pool & Spa Supply, Inc.
Pool Corporation announced that it has signed a definitive agreement to purchase General Pool & Spa Supply, Inc. (GPS), a regional swimming pool and spa products distributor operating since 1966 and based in Northern California. GPS operates 10 distribution sales centers and has annual net sales of approximately $40 million. The transaction is expected to close in mid-October 2009.
Pool Corporation Declares Quarterly Cash Dividend
Pool Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend will be payable on September 3, 2009 to holders of record on August 17, 2009.
Pool Corporation Issues FY 2009 EPS Guidance Above Analysts' Estimates
Pool Corporation announced that for fiscal 2009, it expects earnings in the range of $1.00-$1.05 per diluted share excluding any potential one-time charges. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.91 for fiscal 2009.
