Company:Pool Corporation

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Short description: American consumer products company
Pool Corporation
POOLCORP
TypePublic
NASDAQ: POOL
S&P 500 Component
Founded1980; 44 years ago (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]

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]

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". https://www.sec.gov/ix?doc=/Archives/edgar/data/945841/000094584122000023/pool-20211231.htm. 
  2. ↑ 2.0 2.1 2.2 Grant, Tina (2001) (in en). International Directory of Company Histories. 39. St. James Press. pp. 358–360. ISBN 978-1-55862-444-3. https://books.google.com/books?id=KEwkAQAAMAAJ&q=SCP+Distributors+Inc. 
  3. ↑ Boone, Timothy (2021-11-11). "Pool Corp. to acquire major pool franchisor, creates new growth opportunities". https://www.nola.com/news/business/pool-corp-to-acquire-major-pool-franchisor-creates-new-growth-opportunities/article_fa13efb6-432e-11ec-9593-c3868b83b4b6.html. 
  4. ↑ Boone, Timothy (2020-10-12). "Pool Corp. added to S&P 500". https://www.theadvocate.com/baton_rouge/news/business/pool-corp-added-to-s-p-500/article_dc809266-0cba-11eb-bd0b-fbfde39dfe21.html. 
  5. ↑ "POOLCORP History" (in en). http://www.poolcorp.com/about-us/history/. 
  6. ↑ Banks, Theodore L. (1998-12-01) (in en). Distribution Law: Antitrust Principles and Practice. Wolters Kluwer. pp. ((5-121–5-122)). ISBN 978-0-7355-0268-0. https://books.google.com/books?id=iWjqWJloO18C&q=%22POOL+CORP%22. 

External links



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