#PoolCorp

[enterprisewired]

Buffett’s Berkshire Invests in Domino’s Pizza and Pool Corp, Cuts Major Holdings in Apple and Bank of America

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Source: businessinsider.in

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New Strategic Investments in Domino’s and Pool Corp

In the third quarter, Warren Buffett’s Berkshire Hathaway made notable portfolio adjustments, including significant investments in Domino’s Pizza and Pool Corporation, while reducing its stakes in prominent holdings like Apple and Bank of America. According to regulatory filings released on Thursday, the conglomerate acquired approximately 1.3 million shares of Domino’s Pizza, valued at nearly $550 million. Additionally, Berkshire purchased a 404,000-share stake in Pool Corp., worth around $152 million, positioning the pool supplier as a strategic addition to its portfolio. Following the announcement, both Domino’s and Pool Corp saw a boost in their share prices during after-hours trading.

These investments mark a selective approach to expanding Berkshire’s portfolio, indicating Warren Buffett’s interest in growth potential in consumer and seasonal markets. This move aligns with the broader trend in Berkshire’s current investment strategy, focusing on moderate acquisitions while unloading larger, longer-held assets.

Continued Reduction in Apple and Bank of America Stakes

One of the standout moves in Berkshire’s recent filings was the sale of 25% of its stake in Apple, a high-profile investment that has been a cornerstone of Berkshire’s portfolio. Although hints of the sale surfaced in Berkshire’s third-quarter earnings report earlier this month, the extent of the offload became clearer with Thursday’s filing. This latest sale has brought Berkshire’s stake in Apple from nearly $175 billion at the beginning of the year down to about $70 billion as of September. Despite this reduction, Apple still comprises around a quarter of Berkshire’s $266 billion equity portfolio, emphasizing its ongoing importance to the firm’s investment strategy.

Berkshire also offloaded a substantial portion of its Bank of America shares, selling approximately 235 million shares. As a major stakeholder with over 10% ownership, Berkshire is required to disclose such stock sales throughout the quarter, underscoring the transparency associated with its significant moves in the financial sector.

Strategic Exits and Adjustments

In addition to new investments and stake reductions, Berkshire fully divested from its position in Floor & Decor Holdings, after previously reducing its holdings in the company. Other adjustments in the quarter included a significant reduction in its stake in Ulta Beauty, with Berkshire selling over 95% of its holdings in the cosmetics retailer after a brief entry in the second quarter.

Warren Buffett also reduced holdings in Capital One Financial, Charter Communications, and fintech company Nu Holdings. However, Berkshire increased its investment in aerospace firm Heico Corp., purchasing an additional 5,445 shares to bring its total stake to about 1.05 million shares, valued at over $200 million.

These moves reflect Berkshire’s shift toward a more cash-focused approach, amassing a record $320.3 billion cash reserve in the third quarter, mostly allocated to short-term Treasury bills. By scaling back on long-held equities and making targeted new investments, Warren Buffett is signaling a cautious yet strategic approach in an uncertain market environment.

[aerofvther]

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[thetranscript]

The demand for maintenance products supported a solid quarter given the trend for lower consumer spending on high dollar discretionary items. Our second quarter net sales of $1.8 billion, down 5% from the second quarter of 2023, showed an improving trend from the decrease of 7% that we saw in the first quarter of 2024. Slightly better than expected sales in the last week of June improved our sales for the first half of the year to a 6% decline compared to the around 6.5% highlighted in our June 24th release.

Pool Corporation Reports Second Quarter Results | POOLCORP

Lower consumer spending on discretionary items #Consumer

[empresa-journal]

Is Pool Corporation Making Money?

Is Pool Corporation Making Money?

The Pool Corporation (NASDAQ: POOL) is one of the most interesting success stories in today’s stock market. For instance, Pool’s share price rose from $204.40 on 23 April 2020 to $419.53 on 23 April 2021. Thus, POOL’s share price grew by $215.13 in a year. So what is Pool Corp (POOL) and why does Mr. Market love it? POOLCORP claims to be the world’s largest wholesale distributor of swimming…

[reveal-the-news]

POOLCORP to Ring the Nasdaq Stock Market Opening Bell

POOLCORP to Ring the Nasdaq Stock Market Opening Bell

Pool Corporation COVINGTON, La., Oct. 24, 2022 (GLOBE NEWSWIRE) — Pool Corporation (NASDAQ: POOL ) will ring the opening bell on Tuesday, October 25, 2022, to celebrate more than 25 years of being listed on the Nasdaq MarketSite. Peter Arvan, CEO, POOLCORP will be joined by several officers and directors to commemorate the occasion. The event will be held from 9:15 am to 9:30 am ET (8:15 am to…

[onlyexplorer]

Six best stocks to invest in for the summer “perfect position to thrive” | Personal finance | Finance

Six best stocks to invest in for the summer “perfect position to thrive” | Personal finance | Finance

PoolCorp PoolCorp, the wholesale distributor of swimming pools, ranks third among the best companies according to Invezz. The data shows that the company recorded average gains of 11.24% over the past six years during these months. monster drink Energy drink maker Monster Beverage ranks fourth, according to Invezz, with average spring-to-summer earnings of 9.15% over the past six years.

[imaginepools]

Sending a shout out to the PoolCorp team, led by Russ Welsh, NE Division Sales Manager, who are presenting Imagine Pools to local dealers at the NESPA Pool and Spa Show being held at the Atlantic City Convention Center through Thursday, 1/27/22. We invite local dealers and installers to learn more about our beautiful designs and how, together, we can help more families enjoy "life at its best." #ImaginePools #lifeatitsbest #letsswim #IWantAPool #fiberglass #SwimmingPool #FiberglassPools #AtlanticCity #NESPA #ThePoolSpaShow (at Atlantic City Convention Center) https://www.instagram.com/imaginepools/p/CZMgqliuJxs/?utm_medium=tumblr

[alexggonzo]

Imagine Pools is in Reno, Nevada today talking to dealers at the SCP Winter Event who are interested in helping families enjoy "life at its best" through the installation of the world's best composite fiberglass swimming pools, spa and tanning ledges. Let's do this together! #imaginepools #lifeatitsbest #letsswim #poollove #fiberglass #swimmingpool #fiberglasspools @Poolcorp (at Grand Sierra Resort and Casino) https://www.instagram.com/p/B8M_1YrBdfz/?igshid=cgz8l4a1sfxj

[thetranscript]

. Our results in the second quarter of 2023 reflected challenging macro trends and a slow start to the swimming pool season due to negative impacts from cooler weather at the beginning of the quarter across many of our markets. These conditions led to slower maintenance activity than anticipated, reduced outdoor living construction activity and deferred discretionary replacement activity.

Pool Corporation Reports Second Quarter Results and Updates 2023 Earnings Guidance | POOLCORP

Tough times in outdoor activity market #Ind

[jobhelpcenter-blog]

Job Updates Wednesday March 8, 2017

PT Restaurant Dishwasher, On the Border Mexican Grill Responsibilities: •Provide guests and team members with clean, sanitized utensils, plate ware, glassware, and equipment. •Maintain daily cleanliness and maintenance of the dish machine, including set-up and close down of machine. •Keep the kitchen clean by mopping and sweeping floors and emptying trash. •Maintain correct chemical combinations in dish machine. Requirements: •Experience with quantity food preparation preferred; including knife handling. •Ability to stand 100% of the shift. •Ability to lift and carry up to 70 lbs during the shift. •Ability to place items on high shelves. Apply at: http://bit.ly/2mUIuRF

Restaurant Line Cook, Holiday Inn & Conference Center Responsibilities: •Prepare a variety of meats, seafood, poultry, vegetables for cooking in broilers, ovens, grills or fryers. •Maintain sanitation, health, and safety standards in work areas. •Graciously fulfill any guest special request when possible. •Complete all opening and closing checklists. Requirements: •High School diploma or equivalent. •Must have at least 1 year of line cook experience in similar size property. •MUST have a passion for providing “excellent” customer service dining experience. Apply at: http://bit.ly/2mgiCfP

Full Time Catering Team Member, Queen City Q Requirements: •MUST have a valid Driver's License and be comfortable driving an SUV. •MUST have at least 1 year catering experience or serving experience. •Flexible schedule to cover events. Apply at: http://bit.ly/2nc5FD7

Warehouse Associate, PoolCorp Responsibilities: •Accurately pull, fill, pack and set up orders for delivery or pickup. •Organize shipment priorities, such as UPS, commercial carrier, etc. and stages the orders for ease of loading. •Assist in loading the delivery truck. •Receive shipments, log into inventory, maintain inventory through audits. Requirements: •High school diploma or GED. •Prior experience in distribution or warehousing preferred. •Ability to maneuver heavy objects, some weighing up to 100 pounds. Apply at: http://bit.ly/2lBRzyz

Vending Route Driver, CFS Responsibilities: •Provide well stocked, clean and working vending machines on a scheduled route. •Maintain good customer service and relationships with a positive attitude. •Keep company vehicles stocked and maintained, completing the prescheduled route in a timely fashion. •Record accurate information on a handheld computer and collections. Requirements: •High school or equivalent. •Driver's License. •At least five years of driving experience. Apply at: http://bit.ly/2mCPkLi

Housekeeping Public Area Attendant, Aloft Uptown Responsibilities: •Provide exceptional cleaning service in all public areas and guest corridors.   •Work closely with others who are fully committed to ensuring all spaces are clean, warm and welcoming. Requirements: •Previous experience passionately providing service to others preferred. •Able to multi-task while ensuring attention to detail. Apply at: http://bit.ly/2myTFP4

[stocksnewsfeed]

Pool Corporation Announces Investor Day

COVINGTON, La., Sept. 13, 2019 (GLOBE NEWSWIRE) — Pool Corporation (NASDAQ:POOL) announced today that it will host an Investor Day on Thursday, September 19, 2019, at the Westin New York at Times Square in New York, NY. Investor Day attendance is by invitation only. Presentations are slated to begin at 10:00 a.m. Eastern Time and continue through 12:00 p.m. Eastern Time. An audio webcast of the Investor Day will be available on the Company’s investor relations page at http://ir.poolcorp.com. Presentation slides will be available on the website immediately following the event.

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 370 sales centers in North America, Europe, South America and Australia through which it distributes more than 180,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

This news release may include “forward-looking” statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including the sensitivity of the swimming pool supply business to weather conditions and other risks detailed in POOLCORP’s 2018 Form 10-K filed with the Securities and Exchange Commission.

CONTACT:

Curtis J. Scheel Director of Investor Relations 985.801.5341 curtis.scheel@poolcorp.com

The post Pool Corporation Announces Investor Day appeared on Stocks News Feed.

source https://stocksnewsfeed.com/benzinga/pool-corporation-announces-investor-day/

[miamijobsource]

CDL DRIVER

ARE YOU LOOKING FOR A CDL DRIVER POSITION THAT PROVIDES WORK-LIFE BALANCE? POOLCORP ALLOWS YOU TO BE HOME ON NIGHTS AND WEEKENDS!!! Learn about our Driver positions from POOLCORP employees. RESPONSIBILITIES: Prepares truck for operation by assisting in an Read the full post: : CDL DRIVER

[jobsinpinellas]

CDL DRIVER

ARE YOU LOOKING FOR A CDL DRIVER POSITION THAT PROVIDES WORK-LIFE BALANCE? POOLCORP ALLOWS YOU TO BE HOME ON NIGHTS AND WEEKENDS! Learn about our Driver positions from POOLCORP employees. Click HERE . RESPONSIBILITIES: Prepares truck for operation by assis Click Here to Apply: CDL DRIVER

[imaginepools]

Imagine Pools is in Reno, Nevada today talking to dealers at the SCP Winter Event who are interested in helping families enjoy "life at its best" through the installation of the world's best composite fiberglass swimming pools, spa and tanning ledges. Let's do this together! #imaginepools #lifeatitsbest #letsswim #poollove #fiberglass #swimmingpool #fiberglasspools @Poolcorp (at Grand Sierra Resort and Casino) https://www.instagram.com/p/B8M_yraF8zC/?igshid=p8yoi93cp2qt

[sarasotajobs-blog]

WAREHOUSE ASSOCIATE

Interested in working for the industry leader? Hear what POOLCORP employees have to say about our exciting distribution environment. Click HERE RESPONSIBILITIES: Accurately pulls, fills, packs and sets up orders for delivery or pickup. Organizes shipment

Click Here to Apply : WAREHOUSE ASSOCIATE

[jobsinmanatee-blog]

WAREHOUSE ASSOCIATE

Interested in working for the industry leader? Hear what POOLCORP employees have to say about our exciting distribution environment. Click HERE RESPONSIBILITIES: Accurately pulls, fills, packs and sets up orders for delivery or pickup. Organizes shipment p Click Here to Apply : WAREHOUSE ASSOCIATE