Homebuilders and Building Products: May data deep dive: pool spending and channel trends

Research evidence excerpt

Homebuilders and Building Products: May data deep dive: pool spending and channel trends

Accessible version

Homebuilders and Building Products

May data deep dive: pool spending and

channel trends

Industry Overview

Pool spending decreased (1.3%) YoY in May 11 June 2026

For the month of May, spending at pool supplies merchants decreased (1.3%) YoY, per Equity

BAC aggregated credit and debit card spending data (BAC card data). On a MoM basis, United States

spending increased 21.6% in May, which was weaker than normal seasonality. Quarter to Homebuilders and Building Products

date, sales are flat YoY. See the latest BofA on USA note for methodology, limitations,

disclaimers related to BAC aggregated card and debit data.

Exhibit 1: May 2026 spending on pool supplies decreased (1.3%) YoY compared to +1.5% YoY in

April 2026

YoY monthly BAC aggregated credit and debit card data for pool supplies

20%

Shaun Calnan, CFA

Research Analyst

10% BofAS

+1 646 855 1362

shaun.calnan@bofa.com

0% Rafe Jadrosich

BofAS

-10% +1 646 855 5815

rafe.jadrosich@bofa.com

-20% Victoria Piskarev

May-21 May-22 May-23 May-24 May-25 May-26 Research Analyst BofAS

+1 646 855 0657

Source: BAC internal data victoria.piskarev@bofa.com

Note: Due to a shift in several retailers’ merchant category codes (MCC) into the pool supplies category, additional retailers are included

in our data beginning in March 2019, therefore all MoM and YoY prior to March 2020 exclude these additional retailers. All MoM and

YoY changes post Feb 2020 include these additional retailers.

BofA GLOBAL RESEARCH HAYW: Hayward Holdings

Channel inventory balanced ex-PNR; HAYW well positioned LESL: Leslie's

We have received increased investor questions on channel inventory, likely driven by