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Pentair Q2 Earnings Call Highlights
['Max Byerly']
Ticker Report
Second-Quarter Results Reflect Pool Inventory ResetPentair reported second-quarter sales of $933 million, adjusted operating income of $237 million, adjusted return on sales of 25.4% and adjusted earnings per share of $1.14.
Water Solutions: Sales declined 5% to $422 million, including the impact of the prior-year sale of a commercial service business.
Pool Actions Target 2027 RecoveryStauch said the Pool sales decline resulted largely from a broader-than-expected inventory realignment among major channel partners.
Interim Chief Financial Officer Bob Fishman said Pool sales for 2026 could be about $1.25 billion based on the company’s guidance.
For the third quarter, Pentair forecast sales down 4% to 6%, with Flow sales up high single digits and Water Solutions sales up low single digits.