Announcement • Apr 23
Pool Corporation Confirms Earnings Guidance for the Full Year 2026 Pool Corporation confirmed earnings guidance for the full year 2026 . For the year, company expected annual earnings guidance range of $10.87 per diluted share to $11.17 per diluted share. Announcement • Apr 10
Pool Corporation to Report Q1, 2026 Results on Apr 23, 2026 Pool Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 23, 2026 Announcement • Mar 27
Pool Corporation, Annual General Meeting, Apr 29, 2026 Pool Corporation, Annual General Meeting, Apr 29, 2026. Announcement • Feb 26
Pool Corporation Declares Quarterly Cash Dividend, Payable on March 26, 2026 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.25 per share. The dividend will be payable on March 26, 2026 to holders of record on March 12, 2026. Announcement • Feb 19
Pool Corporation Provides Earnings Guidance for the Full Year 2026 Pool Corporation provided earnings guidance for the full year 2026. For the full-year, the company expects diluted EPS guidance for 2026 of $10.85 - $11.15 without ASU 2016-09 tax benefits, reflecting expectations for modest sales growth and improved earnings. Announcement • Feb 14
Carlos A. Sabater Not to Stand for Re-Election as Director and Member of the Audit, Nominating and Corporate Governance, and Strategic Planning Committees of Pool Corporation Pool Corporation announced that on February 12, 2026, Carlos A. Sabater informed the Board of Directors that he will not stand for re-election as director and as a member of the audit, nominating and corporate governance, and strategic planning committees at the end of his current term in connection with the Company's 2026 annual meeting of shareholders. Announcement • Feb 06
Pool Corporation to Report Q4, 2025 Results on Feb 19, 2026 Pool Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Announcement • Jan 13
Pool Corporation Announces Executive Changes Pool Corporation announced that Kenneth “Kenny” G. St. Romain, Senior Vice President, will retire from his position in 2026. Mr. St. Romain will continue in his role until later in the year to assist with the transition. John B. Watwood has joined the company as Executive Vice President. Mr. Watwood, reporting to Peter D. Arvan, President and CEO, will lead Pool Corporation’s swimming pool operations in North America, as well as oversee digital and technology initiatives. Prior to joining the company, Mr. Watwood held a variety of management positions at Motion Industries Inc. since 2008, most recently serving as Senior Vice President of Sales and Operations for the United States and Canada. Announcement • Oct 30
Pool Corporation Declares Quarterly Cash Dividend, Payable on November 26, 2025 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.25 per share. The dividend will be payable on November 26, 2025 to holders of record on November 12, 2025. Announcement • Oct 23
Pool Corporation Confirms Earnings Guidance for the Full Year 2025 Pool Corporation confirmed earnings guidance for the full year 2025. For the full-year, the company expected diluted EPS of $10.81 to $11.31 per share, including year-to-date ASU 2016-09 tax benefit of $0.11. Looking at the year, the company continues to expect full year sales to be relatively flat compared to the prior year, with 1 less selling day. Announcement • Oct 10
Pool Corporation to Report Q3, 2025 Results on Oct 23, 2025 Pool Corporation announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 23, 2025 Announcement • Sep 22
Pool Corporation(NasdaqGS:POOL) dropped from FTSE All-World Index (USD) Pool Corporation(NasdaqGS:POOL) dropped from FTSE All-World Index (USD) Announcement • Jul 31
Pool Corporation Declares Quarterly Cash Dividend, Payable on August 28, 2025 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.25 per share. The dividend will be payable on August 28, 2025, to holders of record on August 14, 2025. Announcement • Jul 24
Pool Corporation Updates Earnings Guidance for the Year 2025 Pool Corporation updated earnings guidance for the year 2025. For the full-year, the company updates annual earnings guidance range to $10.80 to $11.30 per diluted share. Announcement • Jul 11
Pool Corporation to Report Q2, 2025 Results on Jul 24, 2025 Pool Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 24, 2025 Announcement • May 01
Pool Corporation Announces an Increase Its Quarterly Cash Dividend, Payable on May 29, 2025 Pool Corporation announced that the Board has declared a quarterly cash dividend of $1.25 per share, a 4% increase over the previous quarterly dividend of $1.20 per share. The dividend is payable on May 29, 2025 to stockholders of record on May 15, 2025. As of April 29, 2025, there were 37,595,213 shares of common stock outstanding. Announcement • Apr 25
Pool Corporation Provides Earnings Guidance for the Year 2025 Pool Corporation provided earnings guidance for the year 2025. For the full-year, the company expects earnings per diluted share guidance range of $11.10 to $11.60, which includes the impact of year-to-date tax benefits of $0.10. Announcement • Apr 11
Pool Corporation to Report Q1, 2025 Results on Apr 24, 2025 Pool Corporation announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Announcement • Mar 28
Pool Corporation, Annual General Meeting, Apr 30, 2025 Pool Corporation, Annual General Meeting, Apr 30, 2025. Announcement • Feb 27
Pool Corporation Declares Quarterly Cash Dividend, Payable on March 26, 2025 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.20 per share. The dividend will be payable on March 26, 2025, to holders of record on March 12, 2025. Announcement • Feb 22
Kristopher R. Neff Departs from Pool Corporation as Vice President, Strategy and Corporate Development On February 18, 2025, Kristopher R. Neff departed from Pool Corporation as Vice President, Strategy and Corporate Development effective February 18, 2025. Announcement • Feb 21
Pool Corporation Provides Earnings Guidance for 2025 Pool Corporation provided earnings guidance for 2025. The company expects earnings for 2025 to be in the range of $11.08 to $11.58 per diluted share, including an estimated $0.08 favorable impact from ASU 2016-09. Announcement • Feb 07
Pool Corporation to Report Q4, 2024 Results on Feb 20, 2025 Pool Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025 Declared Dividend • Nov 03
Third quarter dividend of US$1.20 announced Shareholders will receive a dividend of US$1.20. Ex-date: 13th November 2024 Payment date: 27th November 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 02
Pool Corporation Declares Quarterly Cash Dividend, Payable on November 27, 2024 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.20 per share. The dividend will be payable on November 27, 2024, to holders of record on November 13, 2024. Buy Or Sell Opportunity • Oct 25
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 4.1% to €344. The fair value is estimated to be €269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to grow by 6.9% in the next 2 years. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$3.31 (vs US$3.54 in 3Q 2023) Third quarter 2024 results: EPS: US$3.31 (down from US$3.54 in 3Q 2023). Revenue: US$1.43b (down 2.8% from 3Q 2023). Net income: US$125.7m (down 8.3% from 3Q 2023). Profit margin: 8.8% (down from 9.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year. Announcement • Oct 11
Pool Corporation to Report Q3, 2024 Results on Oct 24, 2024 Pool Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 24, 2024 Declared Dividend • Aug 05
Second quarter dividend of US$1.20 announced Shareholders will receive a dividend of US$1.20. Ex-date: 15th August 2024 Payment date: 29th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 31
Pool Corporation Declares Quarterly Cash Dividend, Payable on August 29, 2024 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.20 per share. The dividend will be payable on August 29, 2024, to holders of record on August 15, 2024. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$5.02 (vs US$5.95 in 2Q 2023) Second quarter 2024 results: EPS: US$5.02 (down from US$5.95 in 2Q 2023). Revenue: US$1.77b (down 4.7% from 2Q 2023). Net income: US$191.4m (down 17% from 2Q 2023). Profit margin: 11% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Announcement • Jul 26
Pool Corporation Confirms Earnings Guidance for the Year 2024 Pool Corporation confirmed earnings guidance for the year 2024. The company confirmed earnings guidance range of $11.05 to $11.45 per diluted share, including the additional $0.01 tax benefit recognized in the second quarter. Buy Or Sell Opportunity • Jul 01
Now 20% overvalued Over the last 90 days, the stock has fallen 21% to €286. The fair value is estimated to be €238, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to grow by 2.5% in the next 2 years. Buy Or Sell Opportunity • Jun 27
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to €289. The fair value is estimated to be €237, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to grow by 2.5% in the next 2 years. Announcement • Jun 25
Pool Corporation to Report Q2, 2024 Results on Jul 25, 2024 Pool Corporation announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 25, 2024 Announcement • Jun 08
Pool Corporation Appoints Kevin M. Murphy as A Director Pool Corporation announced that its Board of Directors appointed Kevin M. Murphy to serve as a director upon recommendation of the Nominating and Corporate Governance Committee. The Board appointed him to serve effective June 3, 2024, until the 2025 annual meeting of shareholders, at which time he will stand for election by Pool Corporation’s shareholders. With this appointment, the Board increased its size from eight to nine members. Mr. Murphy, 54, is the Chief Executive Officer of Ferguson plc, a leading value-added distributor in North America providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more. Mr. Murphy has served in various leadership roles since joining Ferguson in 1999, including as Chief Operating Officer of Ferguson’s U.S. business from 2007 to 2017 and CEO, U.S. from 2017 until his appointment as group CEO in 2019. He received his Bachelor of Science in Business and Marketing from Miami University. Declared Dividend • May 06
First quarter dividend of US$1.20 announced Shareholders will receive a dividend of US$1.20. Ex-date: 15th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 03
Pool Corporation, Annual General Meeting, May 01, 2024 Pool Corporation, Annual General Meeting, May 01, 2024. Announcement • May 02
Pool Corporation Declares Quarterly Cash Dividend, Payable on May 30, 2024 Pool Corporation Board has declared a quarterly cash dividend of $1.20 per share, a 9% increase over the previous quarterly dividend amount of $1.10 per share. The dividend is payable on May 30, 2024 to stockholders of record on May 16, 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$2.07 (vs US$2.60 in 1Q 2023) First quarter 2024 results: EPS: US$2.07 (down from US$2.60 in 1Q 2023). Revenue: US$1.12b (down 7.1% from 1Q 2023). Net income: US$78.9m (down 22% from 1Q 2023). Profit margin: 7.0% (down from 8.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Announcement • Apr 12
Pool Corporation to Report Q1, 2024 Results on Apr 25, 2024 Pool Corporation announced that they will report Q1, 2024 results Pre-Market on Apr 25, 2024 Upcoming Dividend • Mar 06
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.5%). Declared Dividend • Mar 04
Fourth quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.1%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 29
Pool Corporation Announces Retirement of Robert C. Sledd from the Board of Directors On February 27, 2024, Robert C. Sledd informed the Board of Directors of Pool Corporation (the “Company”) that he will retire as director at the end of his current term in connection with the Company’s 2024 annual meeting of shareholders. Mr. Sledd’s decision to retire was not due to any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. The Company is grateful for the many years of service provided by Mr. Sledd, who has served as a director since 1996, and the invaluable contributions he has made to Pool Corporation. Buy Or Sell Opportunity • Feb 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €359. The fair value is estimated to be €297, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Announcement • Feb 29
Pool Corporation Declares Quarterly Cash Dividend, Payable on March 28, 2024 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.10 per share. The dividend will be payable on March 28, 2024, to holders of record on March 14, 2024. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$13.45 (vs US$18.89 in FY 2022) Full year 2023 results: EPS: US$13.45 (down from US$18.89 in FY 2022). Revenue: US$5.54b (down 10% from FY 2022). Net income: US$520.5m (down 30% from FY 2022). Profit margin: 9.4% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Announcement • Feb 22
Pool Corporation Provides Earnings Guidance for the Year 2024 Pool Corporation provided earnings guidance for the year 2024. The company expects earnings for 2024 will be in the range of $13.10 to $14.10 per diluted share, including an estimated $0.10 favorable impact from ASU 2016-09. Announcement • Feb 02
Pool Corporation to Report Q4, 2023 Results on Feb 22, 2024 Pool Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 22, 2024 Upcoming Dividend • Oct 31
Upcoming dividend of US$1.10 per share at 1.4% yield Eligible shareholders must have bought the stock before 07 November 2023. Payment date: 22 November 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%). Announcement • Oct 26
Pool Corporation Declares Quarterly Cash Dividend, Payable on November 22, 2023 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.10 per share. The dividend will be payable on November 22, 2023, to holders of record on November 8, 2023. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$3.56 (vs US$4.82 in 3Q 2022) Third quarter 2023 results: EPS: US$3.56 (down from US$4.82 in 3Q 2022). Revenue: US$1.47b (down 8.7% from 3Q 2022). Net income: US$137.8m (down 27% from 3Q 2022). Profit margin: 9.3% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Oct 06
Pool Corporation to Report Q3, 2023 Results on Oct 19, 2023 Pool Corporation announced that they will report Q3, 2023 results Pre-Market on Oct 19, 2023 Upcoming Dividend • Aug 02
Upcoming dividend of US$1.10 per share at 1.1% yield Eligible shareholders must have bought the stock before 09 August 2023. Payment date: 24 August 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.5%). Announcement • Jul 27
Pool Corporation Declares Quarterly Cash Dividend, Payable on August 24, 2023 Pool Corporation announced that its Board of Directors declared a quarterly cash dividend of $1.10 per share. The dividend will be payable on August 24, 2023, to holders of record on August 10, 2023. Announcement • Jul 22
Pool Corporation Provides Earnings Guidance for the Year 2023 Pool Corporation provided earnings guidance for the year 2023. The company expects diluted earnings per share to be in the range of $13.14 to $14.14, including the impact of year-to-date tax benefits of $0.14. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: US$5.98 (vs US$7.71 in 2Q 2022) Second quarter 2023 results: EPS: US$5.98 (down from US$7.71 in 2Q 2022). Revenue: US$1.86b (down 9.7% from 2Q 2022). Net income: US$232.3m (down 24% from 2Q 2022). Profit margin: 13% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jul 07
Pool Corporation to Report Q2, 2023 Results on Jul 20, 2023 Pool Corporation announced that they will report Q2, 2023 results Pre-Market on Jul 20, 2023 Recent Insider Transactions • May 12
Insider recently sold €750k worth of stock On the 9th of May, Jennifer Neil sold around 2k shares on-market at roughly €321 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €565k more than they bought in the last 12 months. Announcement • May 06
Pool Corporation Announces a Quarterly Cash Dividend, Payable on May 31, 2023 Pool Corporation announced that the Board has declared a quarterly cash dividend of $1.10 per share, a 10% increase over the previous quarterly dividend amount of $1.00 per share. The dividend is payable on May 31, 2023 to stockholders of record on May 17, 2023. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: US$2.62 (vs US$4.46 in 1Q 2022) First quarter 2023 results: EPS: US$2.62 (down from US$4.46 in 1Q 2022). Revenue: US$1.21b (down 15% from 1Q 2022). Net income: US$101.7m (down 43% from 1Q 2022). Profit margin: 8.4% (down from 13% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 07
Upcoming dividend of US$1.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 29 March 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: US$18.89 (vs US$16.21 in FY 2021) Full year 2022 results: EPS: US$18.89 (up from US$16.21 in FY 2021). Revenue: US$6.18b (up 17% from FY 2021). Net income: US$744.3m (up 15% from FY 2021). Profit margin: 12% (in line with FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 17
Pool Corporation Provides Earnings Guidance for the Year 2023 Pool Corporation provides earnings guidance for the year 2023. For the year, the company expects diluted EPS guidance range of $16.03 to $17.03. Announcement • Feb 03
Pool Corporation to Report Q4, 2022 Results on Feb 16, 2023 Pool Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 16, 2023 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 18% share price gain to €344, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Retail Distributors industry in Europe. Total returns to shareholders of 89% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €325 per share. Buying Opportunity • Oct 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €363, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 3.6% in 2 years. Earnings is forecast to decline by 9.8% in the next 2 years. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$4.82 (vs US$4.61 in 3Q 2021) Third quarter 2022 results: EPS: US$4.82 (up from US$4.61 in 3Q 2021). Revenue: US$1.62b (up 14% from 3Q 2021). Net income: US$189.0m (up 2.3% from 3Q 2021). Profit margin: 12% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.8%. The fair value is estimated to be €460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to decline by 5.5% in the next 2 years. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$7.71 (vs US$6.47 in 2Q 2021) Second quarter 2022 results: EPS: US$7.71 (up from US$6.47 in 2Q 2021). Revenue: US$2.06b (up 15% from 2Q 2021). Net income: US$305.6m (up 18% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 7.0%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 22
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 7.7%. The fair value is estimated to be €469, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 4.4% in the next 2 years. Buying Opportunity • Jun 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be €411, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 6.0% per annum over the same time period. Recent Insider Transactions • May 20
CEO, President & Director recently bought €184k worth of stock On the 18th of May, Peter Arvan bought around 500 shares on-market at roughly €369 per share. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Recent Insider Transactions • May 10
Director recently bought €111k worth of stock On the 6th of May, Martha Gervasi bought around 300 shares on-market at roughly €370 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €30m more in shares than they bought in the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$4.46 (vs US$2.45 in 1Q 2021) First quarter 2022 results: EPS: US$4.46 (up from US$2.45 in 1Q 2021). Revenue: US$1.41b (up 33% from 1Q 2021). Net income: US$178.2m (up 81% from 1Q 2021). Profit margin: 13% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 22
First quarter 2022 earnings released: EPS: US$4.49 (vs US$2.45 in 1Q 2021) First quarter 2022 results: EPS: US$4.49 (up from US$2.45 in 1Q 2021). Revenue: US$1.41b (up 33% from 1Q 2021). Net income: US$179.3m (up 82% from 1Q 2021). Profit margin: 13% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be US$495, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% per annum over the last 3 years. Earnings per share has grown by 38% per annum over the last 3 years. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$16.32 (up from US$9.14 in FY 2020). Revenue: US$5.30b (up 35% from FY 2020). Net income: US$650.6m (up 77% from FY 2020). Profit margin: 12% (up from 9.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 19%, compared to a 6.5% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 43% per year. Recent Insider Transactions • Nov 21
Vice Chairman recently sold €8.1m worth of stock On the 16th of November, Manuel Perez de la Mesa sold around 16k shares on-market at roughly €507 per share. This was the largest sale by an insider in the last 3 months. Manuel has been a seller over the last 12 months, reducing personal holdings by €13m. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS US$4.61 (vs US$2.97 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.41b (up 24% from 3Q 2020). Net income: US$184.7m (up 55% from 3Q 2020). Profit margin: 13% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jul 30
Insider recently sold €1.2m worth of stock On the 27th of July, Jennifer Neil sold around 3k shares on-market at roughly €397 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.4m. Insiders have been net sellers, collectively disposing of €14m more than they bought in the last 12 months. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS US$6.47 (vs US$3.94 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.79b (up 40% from 2Q 2020). Net income: US$259.7m (up 65% from 2Q 2020). Profit margin: 14% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 21
CEO, President & Director recently bought €163k worth of stock On the 19th of May, Peter Arvan bought around 465 shares on-market at roughly €351 per share. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €296k worth in shares. Recent Insider Transactions • May 13
Group Vice President recently sold €3.4m worth of stock On the 10th of May, Kenneth St. Romain sold around 9k shares on-market at roughly €366 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Executive Departure • May 08
Independent Director has left the company On the 4th of May, Andrew Code's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Andrew's name. Andrew is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$2.45 (vs US$0.77 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$1.06b (up 57% from 1Q 2020). Net income: US$98.7m (up 219% from 1Q 2020). Profit margin: 9.3% (up from 4.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. 
