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
Company typePublic
NasdaqPOOL
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]

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

History edit

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 edit

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 edit

  1. ^ "POOL CORPORATION FORM 10-K 2020". www.sec.gov. Retrieved 2022-07-18.
  2. ^ a b c 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.

External links edit

  • Official website
  • Business data for Pool Corporation: