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Pool (MX:POOL)
:POOL
Mexico Market
EarningsQ2 2026 Earnings Report

Pool (POOL) Q2 2026 Earnings Report

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MX:POOL Q2 2026 EPS Results

Actual EPS$91.44
Consensus EPS$90.55
Beat/MissBeat by +$0.88
One Year Ago EPS$87.87

MX:POOL Q2 2026 Revenue Results

Actual Revenue$30.98B
Expected Revenue$30.90B
Beat/MissBeat by +$86.44M
YoY Revenue Growth+2.15%

Earnings Announcement Details

QuarterQ2 2026
Date07/23/2026
TimeBefore Open
Conference CallThursday, July 23, 2026
MX:POOL Upcoming Earnings
Pool's next earnings date is estimated for October 15, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:POOL Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 23, 2026|
% Change Since:
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Earnings Call Sentiment|Neutral
The call conveyed a balanced view: the company delivered modest top-line growth, continued digital and product-mix progress (POOL360 at 18%, building materials +4%, Europe +11%), maintained adjusted earnings guidance, and demonstrated disciplined expense and capital management. Offsetting these positives, gross margin and profitability were pressured by higher inbound freight and an unfavorable customer mix, chemicals and new-construction softness, and one-time CEO transition costs. Management expects freight headwinds to persist near term and revised the full-year margin outlook down ~30 basis points. Overall, the underlying business showed resilience, but meaningful margin and supply-chain challenges temper near-term upside.
Company Guidance
Management reiterated full‑year guidance for low single‑digit net‑sales growth with roughly 2%–3% of that from pricing (pricing benefit expected to be lower in H2 and the year to finish nearer 2%), and kept adjusted diluted EPS guidance of $10.87–$11.17 (reported diluted EPS range revised to $10.66–$10.96 after a $0.21 per‑share one‑time CEO transition charge). They now expect full‑year gross margin ~30 basis points below last year (versus prior “in line”), adjusted operating expenses to rise ~2%–3% (weighted to Q3), interest expense of $49–$51 million, a full‑year tax rate of ~25% (lower in Q3), weighted average shares ~36.4 million, and cash from operations around 100% of net income. On balance sheet and capital allocation, they cited inventory of $1.4 billion (up ~4% Y/Y), total debt of $1.3 billion (leverage 1.78x and a weighted‑average effective rate of 4.3%), YTD dividends of $93 million, ~$86 million of repurchases YTD and $580 million remaining on a $600 million buyback authorization.
Modest Top-Line Growth and Seasonal Strength
Net sales of $1.8 billion in Q2, up 2% year-over-year; seasonal markets grew 6% and building materials grew 4%, reflecting share gains and strength in national pool trend showrooms.
Pricing Contribution and Product Mix Gains
Pricing contributed approximately 3% to year-to-date results; POOL360 digital adoption reached 18% of sales, and private-label/proprietary offerings continued to gain traction.
Geographic Outperformance in Europe
European sales grew 11% year-over-year, described as a bright spot driven by strong demand and improved sentiment.
Profitability — Adjusted Metrics Improved or Stable
Adjusted operating income increased 1% to $276 million with an operating margin of 15.1%; adjusted net income increased 1% to $196 million. Adjusted EPS guidance for the full year remains unchanged at $10.87 to $11.17.
Reported EPS Excluding Transition Cost
Excluding one-time CEO transition expense, diluted EPS rose 4% to $5.38 in the quarter (vs. $5.17 a year ago).
Disciplined Expense and Capital Management
Adjusted operating expense growth moderated to ~1% in the quarter (down from 5% in Q1); paid $93 million in dividends and repurchased ~$86 million of shares YTD. Share repurchase authorization increased to $600 million with $580 million remaining.
Balance Sheet and Leverage within Targets
Inventory increased 4% to $1.4 billion (seasonal/early-buy positioning) and is reported as good quality; total debt $1.3 billion (up $111 million YoY) with leverage at 1.78x, inside the company's 1.5–2.0x target. Weighted average effective interest rate improved to 4.3% from 4.7%.
Operational Execution and Network Discipline
Continued focus on greenfield ramping and network efficiency; opened 1 sales center and closed 1 Horizon location during the quarter, with improving performance at recently opened centers.

MX:POOL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 15, 2026
2026 (Q3)
57.07 / -
57.616
2026 (Q2)
90.55 / 91.44
87.8684.06% (+3.57)
2026 (Q1)
22.96 / 24.30
22.4348.33% (+1.87)
2025 (Q4)
16.55 / 14.28
16.486-13.40% (-2.21)
2025 (Q3)
57.48 / 57.62
55.4063.99% (+2.21)
2025 (Q2)
86.27 / 87.87
84.6393.82% (+3.23)
2025 (Q1)
24.81 / 22.43
31.442-28.65% (-9.01)
2024 (Q4)
15.45 / 16.49
22.095-25.38% (-5.61)
2024 (Q3)
53.71 / 55.41
59.485-6.86% (-4.08)
2024 (Q2)
83.40 / 84.64
100.105-15.45% (-15.47)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed