The Latest Breaking News from Pool Corp

The conglomerate boosted its stakes in Domino’s Pizza and Pool Corp. and revealed a new position in the alcoholic beverage company known for such brands as Corona, Modelo, and Meiomi wine.

Pool Corporation is a new addition to Warren Buffett’s Berkshire-Hathaway portfolio but it remains to be seen if it can clear a low bar for future growth

Stifel analyst W. Andrew Carter initiated coverage of Pool Corporation (NASDAQ: POOL) with a Buy rating and $485 price target, implying a 12.6% upside.

UBS analyst Damian Karas upgraded SiteOne Landscape Supply Inc (NYSE:SITE) to Neutral from Sell while reducing the price target to $165 (a downside of 4.8%), from $170. Following correction over the past four months, the stock price now suitably reflects the company's 10% sales growth, the analyst notes. Karas specifies that SiteOne now trades at…

Pool Corp (NASDAQ:POOL) reported fourth-quarter FY21 sales growth of 23% year-on-year, to $1.04 billion, beating the analyst consensus of $958.64 million. Revenue growth was supported by households continuing to invest in outdoor living spaces, contributing to the demand. Sales were also favorably impacted from inflation. EPS of $2.65 increased 83% from $1.45 last…