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Pool Corporation Celebrates 25th Year Anniversary of IPO
Also notes addition to S&P 500® Index

COVINGTON, La., Oct. 12, 2020 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) celebrates the 25th anniversary of its initial public offering (IPO) today. The company also noted its addition to the S&P 500 stock index, effective on October 7, 2020.

Initially listed as SCP Pool Corporation on October 12, 1995, the company changed its name to Pool Corporation in 2006. Since its listing, Pool Corporation's market value has grown to nearly $14 billion, providing a return to initial shareholders of 485 times, which is a compound annual growth rate of 28% in total shareholder return (TSR). POOL's TSR over the period ranks it 2nd among approximately 1700 U.S. listed companies that have been publicly traded for over 25 years, surpassing the performance of many well-known companies. For perspective, an investment of $10,000 at POOL's IPO would be worth over $4.8 million today, including dividend reinvestment.

Over this 25-year period, Pool Corporation has grown from annual sales of $161 million from 44 sales centers located in 22 states to sales of $3.2 billion from over 375 sales centers employing over 4,500 people located in 39 states, 1 United States territory and 11 foreign countries. POOL is a Fortune 1000 company, a member of the Russell 1000® Index and is now a S&P 500® Index stock. Since becoming a publicly traded company, Pool Corporation has returned over $2.1 billion to shareholders through dividends and share repurchases.

"Pool Corporation's success over its 25-year history as a public company has been extraordinary by just about every measure," stated Peter D. Arvan, president and CEO. "We are privileged to be part of a vibrant, growing industry contributing to the family-friendly and safe enjoyment of outdoor living environments all around the world. Our success has been realized through the collective efforts and contributions of our dedicated employees as they serve the needs of our customers and vendors.   The addition of our company to the S&P 500 Index is an external validation of our long-term approach of intense focus on the continuous improvement in our business. We celebrate these milestones together and look ahead to meeting the opportunities and challenges to come."

Pool Corporation is the world's largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 375 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

CONTACT:

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

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Oct 12, 2020
Disclaimer:

Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995


Matters discussed in this website contain forward-looking information that involves risks and uncertainties. Forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of earnings and other financial performance measures, statements of management's expectations regarding plans and objectives, and industry, general economic and other financial forecasts of trends and other matters. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe," "will likely result," "outlook," "project," "should" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act. Certain factors that may affect our business and could cause actual results to differ materially from those expressed in any forward-looking statements include the following:
  • The demand for our swimming pool, irrigation and related outdoor lifestyle products may be adversely affected by unfavorable economic conditions.
  • We are susceptible to adverse weather conditions.
  • Our distribution business is highly dependent on our ability to maintain favorable relationships with suppliers.
  • We face intense competition both from within our industry and from other leisure product alternatives.
  • More aggressive competition by store- and internet-based mass merchants and large pool or irrigation supply retailers could adversely affect our sales.
  • We depend on our ability to attract, develop and retain highly qualified personnel.
  • Past growth may not be indicative of future growth, and while we contemplate continued growth through internal expansion and acquisitions, no assurance can be made as to our ability to:
    • penetrate new markets;
    • generate sufficient cash flows to support expansion plans and general operating activities;
    • obtain financing;
    • maintain favorable supplier arrangements and relationships; and
    • identify and divest assets which do not continue to create value consistent with our objectives.
  • Our business is highly seasonal.
  • The nature of our business subjects us to compliance with employment, environmental, health, transportation, safety, and other governmental regulations.
  • We store chemicals, fertilizers and other combustible materials that involve fire, safety and casualty risks.
  • We conduct business internationally, which exposes us to additional risks
  • Changes in tax laws and accounting standards related to tax matters have caused, and may in the future cause, fluctuations in our effective tax rate.
  • We depend on a global network of suppliers to source our products. Product quality or safety concerns could negatively impact our sales and expose us to legal claims.
  • We rely on information technology systems to support our business operations. Any disturbance or breach of our technological infrastructure could adversely affect our financial condition and results of operations. Additionally, failure to maintain the security of confidential information could damage our reputation and expose us to litigation.
  • A terrorist attack or the threat of a terrorist attack could have a material adverse effect on our business.
The foregoing factors are not exhaustive and new factors may emerge which impact our business. It is impossible for us to predict all such factors. Therefore, forward-looking statements should not be relied upon as a prediction of actual future results. We cannot guarantee that any future event or result will be realized, although we believe we have been prudent in our plans and assumptions. Should additional risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from those anticipated. Investors should bear this in mind as they consider forward-looking statements.
We undertake no obligation to publicly update forward-looking statements, whether as a result of subsequent events, new information or otherwise.


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