Pool Corporation

Pool Corporation, doing business as POOLCORP, is a publicly-traded American company that manufactures equipment and machinery for swimming pools. As of 2021, it was the largest wholesale distributor of swimming pool and backyard products in the world.[3]

Pool Corporation
POOLCORP
TypePublic
NYSE: POOL
S&P 500 Component
Founded1980 (1980), Metairie, Louisiana, U.S.
FounderFrank St. Romain
HeadquartersCovington, Louisiana, U.S.
Key people
Peter D. Arvan, President and Chief Executive Officer
ProductsSwimming pool supplies
Revenue
  • Increase US$5.296 billion (2021)
  • US$3.937 billion (2020)
  • Increase US$832.8 million (2021)
  • US$464.0 million (2020)
  • Increase US$650.6 million (2021)
  • US$366.7 million (2020)
Total assets
  • Increase US$3.230 billion (2021)
  • US$1.739 billion (2020)
Number of employees
  • 4,500 (2020)
SubsidiariesSouth Central Pool Supply
Websitewww.poolcorp.com
Footnotes / references
[1][2]

In 2020, the company's stock was added to the S&P 500 stock market index.[4]

History

Pool Corporation was founded in 1980 as South Central Pool Supply by Frank J. St. Romain.[2]

In 1993, the company was purchased by Code Hennessey's & Simmons, and then went through a rapid expansion phase. The company later went public in 1995, renaming itself to the SCP Pool Corporation.[2]

The company renamed to Pool Corporation on May 16, 2006.[5]

Controversies

The company was accused by the Federal Trade Commission in 2011 of antitrust practices by pressuring its suppliers to not conduct business with its competitors. The company settled with a consent order which prohibited the company from continuing the practice.[6]

References
  1. "POOL CORPORATION FORM 10-K 2020". www.sec.gov. Retrieved 2022-07-18.
  2. Grant, Tina (2001). International Directory of Company Histories. Vol. 39. St. James Press. pp. 358–360. ISBN 978-1-55862-444-3.
  3. Boone, Timothy (2021-11-11). "Pool Corp. to acquire major pool franchisor, creates new growth opportunities". NOLA.com. Retrieved 2023-09-09.
  4. Boone, Timothy (2020-10-12). "Pool Corp. added to S&P 500". The Advocate. Retrieved 2023-09-09.
  5. "POOLCORP History". POOLCORP. Retrieved 2022-01-22.
  6. Banks, Theodore L. (1998-12-01). Distribution Law: Antitrust Principles and Practice. Wolters Kluwer. pp. 5-121–5-122. ISBN 978-0-7355-0268-0.
  • Official website
  • Business data for Pool Corporation:
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.