Yes chemical sales are a big part of sales, but the growth comes from new installs, and new installs are driven by people having money to blow on the their houses, and that has been drvien by borrowing against their home equity and putting in pools. Anybody who tells you different is lying to themselves because they want to "believe" in POOL. Question for those out there - why are they buying sprinkler distributors? Sprinkler systems are anothe thing driven by new houses and equity withdrawals on old houses - where is the recurring revenue from that? Do they sell water to run through sprinkler systems?
You seem to be kind of an expert on this stock, can you answer a few questions?
What % of sales and profit is based on the companies individual components Chemical Sales Equipment (Pumps, Filters, etc) Pool Kits (In-ground & Above ground) Complimentary Items Percentage of profit due to price increases
The stock grew substantially through all kinds of markets and housing fluctuations. How much was do to the following? Buy up of competitors and who is left Low interest rates High home equity ( starting to diminish ) Where did most home owners get their money to build or refubish pools.