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Pool Corp. (Nasdaq: POOL), Covington, LA, reported sales for the first quarter of $370.4 million, an increase of 2 percent compared to the same period a year earlier. Profit fell 5.8 percent to $3.4 million.
“As anticipated, 2013 started with a more normalized onset to the season versus 2012, which impacted both sales and margins. We realized sales growth despite one less selling day and the tough comparison, given last year's unusually mild winter,” said Manuel Perez de la Mesa, president and CEO.
“We were also able to maintain good pricing discipline and expense management," Perez de la Mesa said.