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Garik Simha Shmois

Managing Director and Senior Equity Research Analyst at Loop Capital Markets LLC

Garik Simha Shmois is a Managing Director and Senior Equity Research Analyst at Loop Capital Markets LLC, specializing in building products, construction materials, and housing-related manufacturers. He covers major companies including Pool Corp, Supreme Cabinetry Brands, Vulcan Materials, and CRH plc, actively participating in earnings calls and providing insight on pricing, cost guidance, and industry trends. Shmois brings nearly two decades of experience as a sell-side analyst, having previously held roles at Longbow Research and FTN Midwest Securities before joining Loop Capital in 2015. He holds FINRA registrations and applicable securities licenses, and is recognized in the industry for his deep sector knowledge and diligent research approach.

Garik Simha Shmois's questions to POOL (POOL) leadership

Garik Simha Shmois's questions to POOL (POOL) leadership • Q3 2025

Question

Garik Simha Shmois asked about equipment price increases announced for the next season and whether the approach to early buy programs is taking any different shape than usual. He also sought clarification on the SG&A guide for the year, specifically confirming the 3% growth outlook and its relation to Q3 expenses.

Answer

President and CEO Peter Arvan confirmed that early buy programs are very similar to traditional structures, with no significant changes from vendors, and Pool Corporation is participating strategically. SVP and CFO Melanie Hart clarified that the 5% SG&A increase in Q3 was due to accelerated technology investments, and the expected rate for Q4 will be higher than earlier in the year, in the range of a 3%-4% increase.

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