Pool Corp

Covington-based Pool Corp. said it once again set a company record for quarterly sales as it saw its third quarter earnings jump to $119.1 million, or $2.92 per diluted share.

That compares to $79.5 million, or $1.95 per share, the company earned in third-quarter 2019.

Covington-based Pool Corp. has been added to the S&P 500 Index, a list of 500 of the largest companies in the U.S.

The businesses on the S&P 500 make up more than 80% of the value of all stocks on American exchanges and include such blue-chip companies as Apple, Coca-Cola, Walt Disney, Nike and FedEx.

“The addition of our company to the S&P 500 Index is an external validation of our long-term approach of intense focus on the continuous improvement in our business,” said Peter D. Arvan, Pool Corp. president and chief executive officer.

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Pool Corp. is the world's largest wholesale distributor of swimming pool and related backyard products.

Email Timothy Boone at tboone@theadvocate.com.