AI English summary of an SEC filing — figures as filed
The company said Pentair’s net sales for Q3 2026 fell 4.5% from the prior-year period, and for the first 9 months fell 6.6%. It cited lower sales volume from destocking of channel inventory in its Pool segment as the main factor.
Key points
AI summaryThe company said Pentair’s net sales for Q3 2026 fell 4.5% from the prior-year period, and for the first 9 months fell 6.6%. It cited lower sales volume from destocking of channel inventory in its Pool segment as the main factor.
The company said Pool segment net sales for Q3 fell 17.7% from the prior-year period, and for the first 9 months fell 20.6%. It also said segment income as a percentage of net sales declined 8.2 and 6.1 percentage points, respectively.
The company said the increase in gross profit as a percentage of net sales in the first 9 months of 2026 was driven in part by 1.0 percentage points and by IEEPA tariff refunds of $42.7 million previously collected, and that the Q3 refunds were $7.8 million.
The company said that on October 1, 2026, its Water Solutions segment acquired Taco Group Holdings for $1.425 billion. It also said it fully drew $1.4 billion under its Term Loan Facilities the same day and used the proceeds to fund part of the purchase price and related costs.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q3 2026 Net Sales Fall 4.5% on Pool Channel Destocking
The company said Pentair’s net sales for Q3 2026 fell 4.5% from the prior-year period, and for the first 9 months fell 6.6%. It cited lower sales volume from destocking of channel inventory in its Pool segment as the main factor.
Source · Based on the MD&A text of the filing
Pool Net Sales Fall 17.7% in Q3
The company said Pool segment net sales for Q3 fell 17.7% from the prior-year period, and for the first 9 months fell 20.6%. It also said segment income as a percentage of net sales declined 8.2 and 6.1 percentage points, respectively.
Source · Based on the MD&A text of the filing
2026 First 9 Months IEEPA Tariff Refunds $42.7 million
The company said the increase in gross profit as a percentage of net sales in the first 9 months of 2026 was driven in part by 1.0 percentage points and by IEEPA tariff refunds of $42.7 million previously collected, and that the Q3 refunds were $7.8 million.
Source · Based on the MD&A text of the filing
Taco Acquisition Closes on October 1, 2026, $1.4 billion Borrowed
The company said that on October 1, 2026, its Water Solutions segment acquired Taco Group Holdings for $1.425 billion. It also said it fully drew $1.4 billion under its Term Loan Facilities the same day and used the proceeds to fund part of the purchase price and related costs.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…