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In The News:

Pool Corp. Sales Up 7% in 2Q

Pool distributor Pool Corp. (Nasdaq: POOL), Covington, LA, reported sales for the second quarter of $848.2 million, up 7 percent year-over-year. Organic sales also increased 7 percent. Profit increased 11 percent to $73.9 million.

"The ongoing recovery of replacement and remodel activity and market share gains continued to contribute to our growth," said Manuel Perez de la Mesa, president and CEO.

For the six months ended June 30, 2014, sales were $1.3 billion, up 8 percent over the prior-year period. Profit grew 11 percent to $78.1 million.

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