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Sam Reed

Research Analyst at Wells Fargo Securities LLC

Sam Reed's questions to POOL (POOL) leadership

Sam Reed's questions to POOL (POOL) leadership • Q3 2025

Question

Sam Reed inquired about the historical relationship between home equity line of credit (HELOC) rates and demand for remodel and new pools, asking about the typical lag between lower HELOC rates and increased discretionary spending. He also asked for high-level thoughts on what might be shared at the upcoming analyst day, such as an update to the growth algorithm.

Answer

President and CEO Peter Arvan stated that while he couldn't quantify a precise link between HELOC rates and project decisions, he believes lower rates and increased liquidity will generally bode well for large renovation projects and new pool construction, as homeowners have high equity. Regarding the analyst day, Mr. Arvan indicated it's too early to share specifics but assured that it would be worthwhile, showcasing the company's strengths and future confidence.

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