Keyword → Pentair stock

Pentair Drops 20.6% to $60.08 After Q2 Sales Miss $930M vs $1.13B Guide — CFO Departs and Full-Year Adjusted EPS Cut 12%

Pentair shares plunged 20.6% to $60.08 after the water treatment company warned Q2 2026 sales came in at roughly $930 million — down 17% versus its prior guidance and 18% below the $1.137 billion analyst estimate — as pool channel inventory destocking was far more severe than expected. CFO Nicholas Brazis left July 10 for a private-sector role. Full-year adjusted EPS guidance was cut to $4.60–$4.80 from $4.83–$4.93. Pool destocking is expected to reduce 2026 segment sales by $250 million.