OUTLOOK
Mr. Stauch concluded, "As we look to 2025, we are focused on our mission to help the world sustainably move, improve, and enjoy water, life's most essential resource. We expect to continue to invest in key areas across the company and execute on our Transformation initiatives and 80/20 to drive long-term growth, profitability and returns. We believe our balanced water portfolio is proving its resilience as Pool is expected to grow offsetting our Flow and Water Solutions residential end markets that remain pressured by higher interest rates. We are confident in our strategy and our ability to control what we can internally while mitigating risk from an uncertain macroeconomic and geopolitical environment near-term."
The Company is introducing 2025 GAAP EPS guidance of approximately $4.37 to $4.52, up 17 percent to 21 percent; and on an adjusted basis of approximately $4.65 to $4.80. This is an increase of 7 percent to 11 percent compared to 2024 adjusted EPS. The Company anticipates full year 2025 sales to be approximately flat to up 2 percent on a reported basis.
In addition, the Company introduces first quarter 2025 GAAP EPS of approximately $0.93 to $0.95 and on an adjusted EPS basis of approximately $1.00 to $1.02. The Company expects first quarter sales to be down approximately 3 percent to 4 percent on a reported basis compared to first quarter 2024.
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