Steady Revenue Growth
Top line sales up 1% with a gross margin expansion of 50 basis points. Building materials saw year-over-year growth for the first time since Q3 2022.
POOL360 Adoption and Technological Investments
POOL360 sales represented 17% of total sales, an all-time high, showing the impact of technology investments on customer experience and margins.
Strategic Acquisitions and Expansion
Completed 1 acquisition, adding 2 locations, and opened 1 greenfield sales center, with a plan to open 8 to 10 new centers by year-end.
Improvement in Operating Income
Operating income improved by $2 million year-over-year, achieving $178 million for the quarter.