Pool’s Profit Pressured by Rising Costs | Business and Finance News

Pool’s Q2 revenue hit $1.82 billion, matching expectations, but profit per share fell short of analyst forecasts. While steady pool maintenance sales and growing building material sales keep the core business strong, rising shipping costs and weaker demand for new pool builds are squeezing margins. The company’s looking to pricing adjustments and supply chain improvements to offset ongoing cost pressures, with a focus on efficiency and brand growth to boost profitability in the second half of the year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c7e2a50d98c624e1