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0 -0.00104058272632678 -0.000607006590357331 -0.000780437044745087 -0.00281824488380162 -0.00164758931668399 -0.00598335067637887 -0.00607006590357269
Stock impact report

POOL Gains From POOL360 Platform, Expansion Amid High Costs [Yahoo! Finance]

Strategic Education, Inc. (STRA) 
Last strategic education, inc. earnings: 4/29 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: strayereducation.com/investorrelations.cfm
Company Research Source: Yahoo! Finance
Consequently, shares of the company have gained 11.6% in the past year against the industry's decline of 0.7%. However, softness in new pool construction and high costs remain a concern for the company. In the past 30 days, the Zacks Consensus Estimate for 2024 earnings has witnessed a downward revision of 1%. Let's delve deeper. Growth Drivers The company emphasizes the POOL360 ecosystem to drive growth. In the first quarter, it reported strength in orders processed through the traditional B2B POOL360 platform. The platform contributed 11% to the company's total sales compared with 10% in the prior year quarter. While still in the early stages, the company is witnessing positive effects from the POOL360 service tool, evidenced by volume growth in private-label chemical brands and revenue growth in other product lines. The company reported progress in the POOL360 water test with the customer base more than doubling from 2023 levels. Analysis of customer purchasing behavior rev Show less Read more
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