POOL Stock Bounces Before the Break, All Eyes on Next Week
Pool Corp shares closed at $184.64 Friday, up 1.62% for the day and 5.3% for the week, ahead of the Memorial Day market closure. The company, now led by new CEO John B. Watwood, reported Q1 net sales up 6% to $1.14 billion and raised its share repurchase program to $600 million. Pool’s stock remains down nearly 40% from last year’s high.