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September 01, 2020 10:10am
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Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending

The world’s largest wholesale distributor of swimming pools and related outdoor living products, with hundreds of stores across North America, Europe, and Australia, slashed its full-year earnings forecast. Pool Corp. cites “recent trends that dampen discretionary spending,” signaling a broader consumer downturn theme. The company—which sells pool chemicals, cleaners, filters, and building materials—revised its 2024 earnings guidance […] Source
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