COVINGTON, LA (AP) — Covington-based Pool Corp. report second-quarter profits swelled to a record $85.4 million, or $1.98 per share, compared to $77.9 million, or $1.75 per share, a year earlier.
President and Chief Executive Officer Manuel Perez de la Mesa said in a news release consumer demand drove sales.
The double-digit increases in profits "modestly exceeded expectations" for the wholesale distributor of swimming pools and related backyard products
- Sponsors -
Company officials say sales topped $300 million in May and June, a first for the company.
The results easily beat Wall Street's expectations.
- Partner Content -
