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Berkshire Sells Visa, Domino's, and Pool Corp: Should You Follow?Pool NASDAQ: POOL reported a modest increase in second-quarter 2026 sales while maintaining its adjusted earnings outlook, as recurring maintenance demand and gains in building materials helped offset continued weakness in new pool construction and discretionary spending.

President and CEO John Watwood, speaking on his first earnings call in the role, said the company’s distribution model remains supported by a large installed base of pools, recurring maintenance revenue and a broad branch network that is “difficult to replicate.” He said PoolCorp’s strategy remains focused on growing customer share, increasing network density and improving execution across markets.

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Consumer-Driven Stocks Boost Buybacks, Including Visa's $20B Plan“With our eyes set on crisp execution, I believe we can continue to generate above-market growth and control how we respond to any type of industry backdrop,” Watwood said.

Sales Rise 2% as Maintenance Demand Holds Up PoolCorp reported second-quarter net sales of $1.8 billion, up 2% from a year earlier. CFO Melanie Hart said pricing contributed 3% to sales growth as the company lapped prior-year mid-season vendor price increases.

Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1Watwood said the company benefited from “healthy recurring maintenance demand” tied to its installed base of pools. Building materials sales increased 4%, which he attributed to the company’s national pool trend showrooms, product breadth and support for builders. Equipment sales rose 3% on price and repair-related demand, while chemicals declined 2% because of lower pricing.

Geographically, Europe was a bright spot, with sales up 11% on strong demand and improving sentiment. Watwood said warmer weather and greater consumer investment in backyards contributed to the strength. Seasonal markets grew 6%.

However, PoolCorp continued to face softness in year-round markets. Watwood said sales in California, Texas and Arizona declined by mid-single digits, while Florida was down 1%. He said much of the drag came from the company’s Horizon irrigation and landscape business, which is concentrated in those markets and pressured by slowing residential projects. U.S. pool permits were tracking down low single digits year to date, and discretionary demand remained measured.

Sales to retail customers declined 1%, while Pinch A Penny franchise sales were flat. The company said POOL360, its digital platform, reached 18% of sales, a record level of adoption.

Margins Pressured by Freight and Customer Mix Gross profit increased 1% to $541 million, while gross margin declined 30 basis points year over year to 29.7%. Hart said product mix was neutral, but higher inbound freight costs and an unfavorable customer mix weighed on margins. She said the company saw a higher portion of sales from larger customers, which generally carry lower margins.

“The decline was driven primarily by inbound freight costs, which we were not able to fully recoup in selling price this quarter, and by unfavorable customer mix,” Hart said.

Supply chain gains partially offset those pressures. Hart pointed to progress in private label, exclusive products and expanded building materials offerings. In response to analyst questions, she said inbound freight was “by far the most significant component” of the gross margin pressure.

The company now expects full-year gross margin to be approximately 30 basis points below the prior year, compared with its previous expectation for margins to be in line. Hart said the revised outlook reflects the second quarter’s weight in the full-year results and the continued impact of higher freight and customer mix.

Expense Discipline Supports Earnings PoolCorp reported operating expenses of $273 million, up 4% from a year earlier. Adjusted operating expenses increased 1%, excluding an $8.3 million one-time charge primarily tied to the non-cash acceleration of unvested equity grants related to the CEO transition.

Adjusted operating income increased 1% to $276 million, with an adjusted operating margin of 15.1%. Reported operating income fell 2% to $268 million. Adjusted net income rose 1% to $196 million, while reported net income declined 3% to $188 million.

Adjusted diluted earnings per share were $5.38, up from $5.17 a year earlier. Reported diluted EPS was $5.17 in both periods.

Hart said the company made progress on expense discipline during the quarter, reducing adjusted operating expense growth from 5% in the first quarter to 1% in the second quarter. She said capacity absorption helped keep compensation and outbound freight costs well managed.

Guidance Maintained on Adjusted Basis PoolCorp maintained its underlying adjusted earnings guidance range of $10.87 to $11.17 per share. Including the $0.21 impact from CEO transition expenses, the company updated its diluted EPS range to $10.66 to $10.96.

For the full year, the company expects low single-digit top-line growth, with approximately 2% to 3% from pricing. Hart said pricing benefits are expected to moderate in the second half as the company laps last year’s mid-season price increases. Demand expectations include slight growth in maintenance, some incremental remodel activity and pool builds that remain soft but stable.

Adjusted operating expenses are expected to increase approximately 2% to 3% for the full year, including some incentive compensation recovery from the prior year. Interest expense is still estimated at $49 million to $51 million, and the full-year tax rate is forecast at approximately 25%.

Hart said the company expects cash from operations to come in around 100% of net income for the year. PoolCorp returned capital to shareholders through $93 million in dividends and approximately $86 million in share repurchases year to date. The company has $580 million remaining under its share repurchase authorization.

CEO Outlines Strategic Priorities Watwood outlined four priorities for the company: sales excellence, pricing and supply chain discipline, operational execution, and disciplined mergers and acquisitions. He said the company is focused on equipping sales teams with talent, training and tools, improving chemical and building materials execution, growing private label and proprietary brands, and getting recently opened greenfield locations to their full potential.

On mergers and acquisitions, Watwood said PoolCorp remains focused on tuck-in deals and opportunities that fit the core business, including product-category-specific opportunities, provided they meet strategic, cultural and financial criteria.

Watwood said the company has opened fewer new sales centers this year as it focuses on profitability at locations opened over the past several years. During the quarter, PoolCorp added one location in a key U.S. pool market and closed one Horizon location.

In response to analyst questions about market share, Watwood said PoolCorp has opportunities in building materials, chemicals and other categories by improving customer and supplier connectivity. “We listen to what the market’s telling us, we adjust, we execute on that,” he said. “I think our ability to go gain share is substantial.”

Watwood said the company is operating in a market that appears to be stabilizing, though he noted that a return to stronger long-term growth would require more help from the broader market. PoolCorp plans to provide its next update when it reports third-quarter 2026 results on Oct. 22.

About Pool (NASDAQ:POOL)Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation's extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company's product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Toronto, Ontario--(Newsfile Corp. - July 20, 2026) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that Mr. David Berger has resigned as CEO and from the Company's Board of Directors, effective July 17, 2026. Mr. David Deacon has been appointed by the Board as Interim CEO.

Mr. David Deacon, Executive Chairman and now interim CEO, stated, "My fellow Board members and I would like to thank David for his contributions and dedication to the Company over the past decade. He is the founder of Pool Safe and there is no doubt the Company would not be where it is today without him. We are pleased that David has agreed to continue to work with the Company in a consulting role during the transition. His experience and industry relationships will be helpful as the Company continues to support its existing customer relationships and pursue the next stage of Pool Safe's development. We wish David the very best, both in terms of the transition with us at Pool Safe and his own future."

About Pool Safe Inc.

Pool Safe Inc. designs, develops and distributes a product known as LounGenie, which functions as a multipurpose personal poolside attendant. LounGenie by Pool Safe Inc. is designed to provide safety, convenience, and peace of mind for hotels, resorts, waterparks, and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the LounGenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue. For more information, please visit loungenie.com or poolsafeinc.com.

For further information:
Pool Safe Inc.
Steven Glaser, COO, CFO and Director
T: 416-630-2444
E: [email protected]

Forward-Looking Statements

This news release contains forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the transition of the CEO role, Mr. Berger's consulting role during the transition, the expected benefits of Mr. Berger's consulting assistance, the Company's support of existing customer relationships and the next stage of the Company's development. Forward-looking information is based on assumptions and is subject to risks and uncertainties, including that the transition may not proceed as planned, that Mr. Berger's consulting assistance may be less extensive or effective than anticipated, that existing customer relationships may not be maintained or renewed as expected, and general economic, market and business conditions. Readers are cautioned not to place undue reliance on forward-looking information, which is made as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305869

Source: Pool Safe Inc.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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July 09, 2026 16:05 ET  | Source: Pool Corporation

COVINGTON, La., July 09, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that the Company will release its second quarter 2026 earnings results before the market opens on July 23, 2026, and will hold a conference call to discuss the results at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) that same day. The earnings release as well as a live webcast and replay of the conference call will be available on the Company’s website at www.poolcorp.com. The conference call can also be accessed by dialing 1-888-348-8936 (domestic) or 1-412-902-4265 (international).  

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 455 sales centers in North America, Europe and Australia through which it distributes more than 200,000 products to roughly 125,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

CONTACT:

Kristin S. Byars
Director, Investor Relations and Finance
985.801.5153
[email protected]

When a stock is removed from the S&P 500, the immediate reaction is mechanical: Every index fund and exchange-traded fund (ETF) tracking the benchmark must sell it. That creates a short window of artificial selling pressure, pressure that has nothing to do with the underlying business.

For dividend investors willing to look past the noise, that moment can be worth a close look.

On June 22, two companies were shown the door by S&P Dow Jones Indices: The Campbell's Company (CPB +1.04%) and Pool Corporation (POOL +1.75%). Both were replaced by semiconductor and electronics names -- a signal of how far the S&P 500 has tilted toward tech. Both Campbell's and Pool Corp. are in the S&P SmallCap 600 now, which means they're not disappearing from the market. They're just less visible.

Image source: Getty Images.

1. Campbell's: The 7% yield story Campbell's carries a dividend yield north of 7% right now. The stock has been under pressure for over a year, plagued by weaker volumes, lingering costs from its 2024 Sovos Brands acquisition, and an ERP system conversion that created operational headwinds. Markets punished the stock, and the yield climbed as the share price fell.

The dividend itself has been in place for 51 years. The payout ratio sits at roughly 76% of earnings -- not lean, but covered. Cash-flow coverage is even healthier. When a 51-year dividend streak is backed by both earnings and cash flow, it carries weight.

What Campbell's has going for it beyond the math is Rao's. The brand crossed $1 billion in trailing-12-month net sales, and in May 2026, Campbell's deepened its commitment by acquiring a 49% stake in La Regina, the Italian producer behind Rao's sauces. The partnership keeps production rooted in Scafati, Italy -- the artisanal identity that made Rao's a premium brand worth paying for. That kind of brand equity is hard to manufacture.

The honest caveat: Campbell's dividend growth has been slow. The payout has grown barely 1.26% over five years. For investors who care about income keeping pace with inflation, that matters. Campbell's today is a high-yield, low-growth dividend story, not a compounding machine. Whether that suits you depends on your investment strategy.

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2. Pool Corp.: The dividend growth machine Pool Corp.'s yield looks modest compared to Campbell's -- around 2.4% today. But the story isn't the yield, it's the trajectory.

Pool has raised its dividend every year for 22 consecutive years. Over the past decade, the dividend has grown at roughly 17% per year. That's the compounding engine the user manual talks about.

When a company grows its earnings consistently, it can raise its dividend consistently. Every raise on a growing base means the investor who bought earlier is now collecting a much higher yield on their original cost. That's the whole idea behind dividend growth investing, and Pool has executed it as well as almost any company in the market.

The business itself distributes pool supplies, equipment, and chemicals to wholesale buyers and professional contractors. About 60% of revenue comes from maintenance and repair -- people have to keep pools clean and running, whether the housing market is hot or cold. First-quarter 2026 net sales were up 6%, with operating income up 7%. The recovery in discretionary pool spending, which stalled after the pandemic boom, is grinding forward.

The digital side is also quietly gaining ground. Pool's proprietary platform, Pool360, now accounts for 13% of net sales and is growing. That's operational efficiency the company is building into the business for the long haul.

The risk worth noting: Pool Corp. is tied to housing market activity and consumer confidence in a way Campbell's simply isn't. If interest rates remain elevated and homeowners continue deferring big-ticket outdoor projects, discretionary sales will remain soft.

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The takeaway Both stocks were pushed out by mechanical index rebalancing, not deteriorating businesses. Campbell's offers an income-heavy position at a rare yield for a consumer staples name, with Rao's as a legitimate long-term growth driver. Pool Corp. is the dividend growth story -- a company that has earned its raises over 22 years and has the business model to keep earning them. Neither is a sure thing, but both deserve a look that goes beyond what the index removal implies.

Sales Growth: 6% increase in sales for Q1 2026.Operating Income Growth: 7% increase in operating income.Operating Margin Expansion: 10 basis point improvement.

BALLERUP, Denmark, April 28, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company specializing in advanced ceramic filtration solutions, today announced that its Commercial Pool business has entered into a new partnership agreement with Lotec, a specialist in commercial pool engineering and water treatment solutions.

The partnership has contributed to the award of a new large-scale commercial pool project in Den Helder, representing LiqTech’s largest commercial pool project to date, measured by total silicon carbide (SiC) membrane volume incorporated into its QlariFlow™ ceramic membrane filtration systems as well, as total sales order value.

The Den Helder project will deploy multiple QlariFlow™ systems, resulting in the delivery of a larger number of SiC membranes than in previous commercial pool projects. The project reflects continued adoption of ceramic membrane filtration in large public pool infrastructure and supports LiqTech’s strategy to scale its commercial pool business through high-capacity system deployments.

The partnership with Lotec strengthens LiqTech’s Commercial Pool presence in Northern Europe and establishes a framework for future joint projects across municipal and large commercial pool developments. Lotec contributes regional expertise in pool system design, construction, and integration, complementing LiqTech’s proprietary ceramic membrane technology and QlariFlow™ system platform.

The partnership and the Den Helder project reflect continued momentum in LiqTech’s Commercial Pool business, as well as a shift toward larger, more complex pool installations that utilize ceramic membrane-based filtration systems. The increased membrane volume required for the project highlights the scalability of the QlariFlow™ system in high-capacity public pool applications and supports the Company’s focus on expanding system deployments across municipal and commercial facilities.

LiqTech’s QlariFlow™ system utilizes silicon carbide ceramic membranes to deliver high filtration performance, durability, and operational efficiency compared to traditional media filtration systems. In commercial pool applications, the system improves water quality, reduces chemical use, and lowers lifecycle operating costs, making it well-suited for large public facilities with stringent regulatory and performance requirements.

The Den Helder installation is expected to support LiqTech’s continued growth within the commercial pool segment, with a focus on municipalities, large public pools, and high-capacity aquatic facilities.

About LiqTech International, Inc.

LiqTech International, Inc. is a clean technology company that manufactures and markets highly specialized filtration products and systems for liquid and gas applications. Founded in 2000, LiqTech’s patented SiC membranes are designed to treat the most challenging fluids in industrial and municipal water, marine scrubber, and oil & gas applications. Learn more at www.liqtech.com or connect with us on LinkedIn.

For more information, please visit: www.liqtech.com

Follow LiqTech on LinkedIn: http://www.linkedin.com/company/liqtech-international

Forward-Looking Statements

This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation, and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Company Contact

Susan Keegan Elleskov
Head of Marketing
LiqTech International, Inc.
www.liqtech.com

Investor Contact

Robert Blum
Lytham Partners, LLC
[email protected]

COVINGTON, La., April 29, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that its Board of Directors (the Board) increased the company's share repurchase program to $600.0 million.

Toronto, Ontario--(Newsfile Corp. - May 4, 2026) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placements, raising aggregate gross proceeds of approximately $3.02 million consisting of: (i) a private placement of common shares of the Company (the "Shares") for gross proceeds of $1,011,550 at a price of $0.30 per Share (the "Equity Offering"); and (ii) a private placement of $2,009,000 principal amount of senior secured convertible debentures of the Company (each, a "Convertible Debenture") at a price of $1,000 per Convertible Debenture (the "Debenture Offering"; together with the Equity Offering, the "Offerings").

In connection with the Debenture Offering, each Convertible Debenture bears interest at a rate of 12% per annum, payable quarterly on the fifth business day of each quarter in cash and will mature on the date that is 36 months from the applicable closing date. Each Convertible Debenture will be convertible, at the option of the holder, into Shares (the "Underlying Shares") at a conversion price of $0.50 per Underlying Share until maturity. The Convertible Debentures will not be listed on any exchange.

The Convertible Debentures will be senior secured obligations of the Company and are secured by (i) a general security agreement over all present and after-acquired assets of the Company and (ii) an assignment of revenues and receivables under key revenue-generating contracts of the Company, including the LounGenie contracts, in each case to the extent permitted and subject to required third-party consents, as set out in the definitive documentation.

The net proceeds from the Offerings are expected to be used for the purchase of inventory for LounGenie deployments, repayment of the Company's senior secured debenture and other legacy debt, and general working capital purposes.

The Offerings were completed by way of private placement exemptions in all provinces of Canada and in such jurisdictions outside of Canada (including the United States) as may be agreed by the Company, provided that no prospectus filing or comparable obligation arises in any such jurisdiction. All securities issued under the Offerings (including the Shares, Convertible Debentures and Underlying Shares) are subject to a statutory hold period of four months and one day from the closing date. Final approval of the Offerings is being sought by the Company under the policies of the TSX Venture Exchange ("TSXV").

Certain insiders of the Company subscribed for an aggregate of 133,333 Shares for $40,000 under the Equity Offering, which constitutes a "related party transaction" as such term is defined in Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the acquired securities by such insiders did not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The insider private placements were approved by the disinterested directors of the Company who concluded that the private placements were entered into on market terms and were fair to minority security holders.

No finder's fees or payments were made in connection with the Offerings.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Pool Safe Inc.

Pool Safe Inc. designs, develops and distributes a product known as LounGenie, which functions as a multipurpose personal poolside attendant. LounGenie by Pool Safe Inc. is designed to provide safety, convenience, and peace of mind for hotels, resorts, waterparks, and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the LounGenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue. For more information, please visit loungenie.com or poolsafeinc.com.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information in this news release includes statements regarding: (i) the Company's intended use of the net proceeds of the Offerings; (ii) the Company's expectations regarding the creation, scope and enforceability of the security package for the Convertible Debentures, including obtaining any required third-party consents in connection with the assignment of revenues and receivables under the Company's contracts; and (iii) the receipt of required corporate and regulatory approvals in connection with the Offerings, including (as applicable) final acceptance of the TSXV.

In making the forward-looking information in this news release, the Company has made certain material assumptions, including: that the net proceeds will be deployed in the manner currently anticipated; that required third-party consents (if any) relating to the security package will be obtained on acceptable terms and in a timely manner; and that required corporate and regulatory approvals (including, as applicable, final TSXV acceptance) will be obtained in a timely manner.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including: the risk that the Company's use of proceeds differs from current expectations due to operational requirements or other factors; the risk that required third-party consents are delayed, not obtained or are obtained on terms that are not acceptable to the Company; the risk that required corporate or regulatory approvals (including, as applicable, TSXV acceptance) are delayed or not obtained; and general economic, market and business conditions. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295889

Source: Pool Safe Inc.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Toronto, Ontario--(Newsfile Corp. - May 7, 2026) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") is pleased to announce that it has repaid in full all obligations owing under its senior secured revolving credit facility (the "Credit Facility") with Intrexa Ltd. ("Intrexa"), using a portion of the net proceeds from the Company's recently completed concurrent non-brokered private placements of common shares and senior secured convertible debentures (the "Offerings"), which raised aggregate gross proceeds of approximately $3.02 million, as announced on May 4, 2026.

The S&P 500 is at fresh highs while a giant chunk of the real economy sits in a deep freeze.

May 26, 2026 16:05 ET  | Source: Pool Corporation

COVINGTON, La., May 26, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that it will participate in the following investor events in June 2026:

June 2, 2026 – Stifel 2026 Boston Cross Sector 1x1 ConferenceJune 3, 2026 – Baird 2026 Global Consumer, Technology & Services ConferenceJune 4, 2026 – William Blair 46th Annual Growth Stock ConferenceJune 9, 2026 – Oppenheimer 26th Annual Consumer Growth & E-Commerce ConferenceJune 10, 2026 – 2026 Wells Fargo Industrials and Materials Conference Investor-related materials and company information are available on the Investor Relations section of POOLCORP’s website.

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 455 sales centers in North America, Europe and Australia through which it distributes more than 200,000 products to roughly 125,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

CONTACT:

Kristin S. Byars
Director, Investor Relations and Finance
985.801.5153
[email protected]

Toronto, Ontario--(Newsfile Corp. - May 29, 2026) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") announces that Mr. Robert Pratt has resigned from the Company's Board of Directors. Mr. David Deacon, Executive Chairman stated, "My fellow Board members and I would like to thank Robert for his significant contributions and dedication to the Company. We wish him only the very best."

The Company is pleased to announce that Mr. Mark Hopper has been appointed to serve as a Director of Pool Safe, filling the vacancy created by the resignation of Mr. Pratt. Mr. Hopper is an American-based finance executive with over 35 years of international experience in private equity, corporate finance, mergers and acquisitions, audit, and board-level governance. CPA-qualified, he holds a B.S. in Accounting from Indiana University's Kelley School of Business and an MBA with High Honors from the University of Chicago Booth School of Business. He resides in Palo Alto, California.

"We are delighted to welcome Mark to Pool Safe's Board of Directors. His extensive international experience brings a perspective that is going to be valuable to our planned product diversification and our approach to international markets. Mark has worked with some large enterprises with a sophisticated approach to strategic alliances and optimizing shareholder value. We look forward to his involvement on the Board," said Mr. Deacon.

"I am pleased to join the Pool Safe Board at what is clearly an important juncture for the Company. I look forward to working with my fellow directors and management as I continue to develop my understanding of the business and contribute where my experience is most useful," said Mr. Hopper.

Mark began his career at Arthur Andersen, working across Chicago, Budapest, and Warsaw from 1989 to 1995. He then joined Harbin B.V. as CFO of its Polish brewing platform, Brewpole B.V., helping scale revenue from $50 million to $175 million in three years and achieve market leadership in Poland, before Brewpole's merger with Heineken's Polish subsidiary created a long-term strategic holding in Grupa Zywiec S.A.

As CFO and Managing Director of Harbin B.V. from 1998 through 2024, Mark oversaw a multi-family backed private equity platform with over €2.5 billion in assets under management across Europe, North America, and Asia. He arranged over €boards andn financings, served on numerous portfolio company boards, and managed the full disposal of Harbin's 35% stake in Grupa Zywiec S.A. to Heineken for approximately PLN 1.68 billion (€360 million), completed in two stages between October 2022 and January 2023. From 2018 to 2020, he concurrently served as CFO and COO of CogniCor Technologies, a Palo Alto-based AI start-up, leading its U.S. market entry. Since 2024, Mark has continued as a strategic and financial advisor to multiple private equity funds.

The appointment of Mr. Hopper as a director is subject to TSX Venture Exchange approval.

About Pool Safe Inc.
Pool Safe Inc. designs, develops and distributes a product known as LounGenie, which functions as a multipurpose personal poolside attendant. LounGenie by Pool Safe Inc. is designed to provide safety, convenience, and peace of mind for hotels, resorts, waterparks, and cruise ship guests. Conveniently located alongside pool or beach lounge chairs, the LounGenie is a unique way of providing vacationers with a comforting sense of security for their belongings, while offering the vendor opportunities to increase F&B sales, expedite customer service and drive revenue. For more information, please visit loungenie.com or poolsafeinc.com.

For further information:
Pool Safe Inc.
Steven Glaser, COO, CFO and Director
T: 416-630-2444
E: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

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Marvell Technology (NASDAQ:MRVL) shares climbed in after-hours trading on Friday after the chipmaker secured a spot in the S&P 500 index.

S&P Dow Jones Indices said Friday that the chipmaker will join the benchmark index before markets open on June 22, replacing pool equipment distributor PoolCorp (NASDAQ:POOL).

Marvell shares closed Friday down 16.7% at $263.47 and in after-hours trading, it rose 3.5% to $272.78, according to Benzinga Pro.

Marvell's inclusion follows a key financial milestone: the company has achieved profitability under generally accepted accounting principles, or GAAP, both in the quarter ended December and across its most recent four quarters combined.

AI Boom Continues To Fuel Marvell Stock RallyMarvell has emerged as one of the biggest beneficiaries of the artificial intelligence infrastructure boom. Year-to-date, Marvell shares are up 194.74%.

Marvell's market capitalization stands at $230.48 billion.

Marvell Q1 Earnings Top Estimates While Revenue ClimbsMarvell reported quarterly earnings of 80 cents per share, topping analysts' expectations of 79 cents per share.

Revenue for the quarter rose to $2.42 billion, surpassing consensus estimates of $2.4 billion and increasing from $1.9 billion in the year-ago period.

Marvell expects second-quarter adjusted EPS of 88 cents to 98 cents versus estimates of 90 cents, while forecasting revenue of $2.57 billion to $2.84 billion compared with analysts' $2.6 billion estimate.

Benzinga Edge Stock Rankings place MRVL in the 99th percentile for Growth, reflecting a strong price trend across short, medium and long-term time frames.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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