Pool Corp, which distribute supplies swimming pool in the United States and Europe, said Thursday that third quarter net profit rose 6 percent, partly due to higher prices and improved simple consumer spending.
The company also raised its full-year earnings outlook, citing better results than expected for the year to date.
Swimming pools gained $ 15.0 million, or 50 cents per share, compared with $ 14.2 million, or 45 cents per share, in the period last year.
Peak performance 48 cents per share that analysts surveyed by FactSet predicted.
Revenues for the three months ended September 30, up 11 percent to $ 503.6 billion from $ 455 million, surpassing the estimate of $ 481.7 billion Wall Street.