Leslie's

Leslie's, Inc. engages in the provision of direct-to-consumer pool and spa care services. The company was founded in 1963 and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Leslie's Q1 2023: Resilient Sales Growth Amid Challenges, Loyalty Success

Leslie's Q1 2023 showed resilience in sales growth despite weather challenges, with a focus on strategic growth initiatives and loyalty programs.
Challenges in gross margins and sales declines present short-term hurdles, but opportunities lie in inventory management and customer engagement strategies.
Expectations for improved financial performance in the second half of the year indicate a proactive approach to addressing current challenges.
Stable pricing and margins in key product categories provide a foundation for navigating market uncertainties and driving profitability.

Leslie's Q2 earnings impacted by challenges, maintains growth strategies

Leslie's faced challenges in Q2 with lower earnings and sales, but maintained market share and strategic growth initiatives.
Efforts to manage inventory effectively and proactive pricing strategies position the company well amidst inflation challenges.
Despite pressures on margins and increased costs, Leslie's remains confident in its outlook and operational efficiency improvements.
The company's focus on growth opportunities and market competitiveness align with historical sales patterns and consumer behavior.

Leslie's (LESL) faces Q3 challenges, focuses on strategic growth initiatives

Leslie's navigated a challenging Q3 marked by weather-related sales declines and consumer inventory issues. Despite this, the company is focused on strategic initiatives, pricing adjustments, and cost-saving measures to drive long-term success. Opportunities for growth exist through operational improvements and revenue-driving initiatives.

Leslie's Q4 2023: Sales Decline Amid Strategic Growth Initiatives

Leslie's faced sales challenges in Q4 2023 but showed resilience with improved transactions and sales in Florida. The company is addressing internal control weaknesses and aims for sales stability in 2024. Strategic initiatives and margin improvements are key focus areas for future growth.

Leslie's Q1 2024: Sales Decline Offset by Pricing Strategies

Leslie's Q1 2024 faced sales decline and margin challenges but showed strength in pricing strategies.
The company is addressing pricing perception issues and focusing on growth opportunities.
Successful PRO initiative and positive response to pricing adjustments are key highlights.
Improvements in inventory management and ESG initiatives provide avenues for future growth.

Leslie's Q2 2024 earnings show resilience amidst weather challenges

Leslie's Q2 2024 earnings call highlighted challenges from weather conditions impacting sales and traffic, leading to a decline in total sales and gross margin. Despite these challenges, strategic growth initiatives and operational efficiencies are driving long-term growth prospects.
Efforts to stabilize and grow the customer file, align pricing strategies, and monitor competitive dynamics position Leslie's for improved performance in the second half. Opportunities in pent-up demand for hot tubs and pricing adjustments offer avenues for revenue growth.
While facing challenges from weather and market dynamics, Leslie's remains focused on driving efficiency, enhancing consumer connections, and capitalizing on growth opportunities. The company anticipates positive business performance in the second half supported by a positive customer file and gross margin expansion.

Leslie's reports resilient Q3 performance amidst market challenges and growth initiatives

Leslie's navigated market challenges in Q3 with resilience, maintaining operational performance and strategic focus on growth initiatives.
While facing declines in certain product segments, the company showcased strengths in cost management, strategic planning, and long-term targets.
Addressing challenges in equipment sales and gross margin, Leslie's aims to leverage opportunities in customer loyalty, pricing strategies, and market expansion for future growth.

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Leslie's, Inc. engages in the provision of direct-to-consumer pool and spa care services. It offers equipment installation and repair for residential consumers and professional pool operators. The company was founded in 1963 and is headquartered in Phoenix, AZ.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Leslies (LESL) Right Now?

PHOENIX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced today that it will participate in the Goldman Sachs 31st Annual Global Retailing Conference, to be held in New York City, on September 4-5, 2024. Leslie's management team will participate in investor meetings both days as well as join a fireside chat with Goldman Sachs sell-side analyst Kate McShane at 8:55am on September 5, 2024. Interested investors can access the fireside chat webcast at https://cc.webcasts.com/gold006/090424a_js/?entity=46_6L4INIG.

Leslie's, Inc. to participate in Goldman Sachs 31st Annual Global Retailing Conference

Jason McDonell Appointed CEO; Joining Company on September 9, 2024 Mike Egeck Departs Leslie's; Chairman John Strain to Serve as Interim CEO Until Mr. McDonell Joins Company Reaffirms Fiscal 2024 Outlook PHOENIX, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. (“Leslie's” or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced the appointment of Jason McDonell as Chief Executive Officer, effective September 9, 2024.

Leslie's, Inc. Announces CEO Transition

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Leslie's, Inc. (NASDAQ: LESL) on behalf of long-term stockholders following a class action complaint that was filed against Leslie's on September 8, 2023 with a Class Period from February 5, 2021 to July 13, 2023. Our investigation concerns whether the board of directors of Leslie's have breached their fiduciary duties to the company.

LESLIE'S ALERT: Bragar Eagel & Squire, P.C. is Investigating Leslie's, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Leslie's, Inc. (NASDAQ:LESL ) Q3 2024 Earnings Call August 7, 2024 4:30 PM ET Company Participants Matt Skelly - Vice President, Investor Relations Mike Egeck - Chief Executive Officer Scott Bowman - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Jonathan Matuszewski - Jefferies Kate McShane - Goldman Sachs Steven Forbes - Guggenheim Securities Shaun Calnan - Bank of America Simeon Gutman - Morgan Stanley Operator Good afternoon and welcome to the Third Quarter of Fiscal 2024 Conference Call for Leslie's, Inc. [Operator Instructions] As a reminder, this conference call is being recorded and will be available for replay later today on the company's website. I will now turn the call over to Matt Skelly, Vice President of Investor Relations.

Leslie's, Inc. (LESL) Q3 2024 Earnings Call Transcript

Leslie's, Inc. (LESL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.41 per share a year ago.

Leslie's, Inc. (LESL) Q3 Earnings Surpass Estimates

Leslies (LESL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Leslie's, Inc. (LESL) to Report a Decline in Earnings: What to Look Out for

Investors need to pay close attention to Leslie's (LESL) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Leslie's (LESL) Stock?

Leslies (NASDAQ: LESL ) stock is falling hard on Thursday after the direct-to-consumer pool and spa care company provided preliminary results for its fiscal third quarter of 2024. This has it expecting adjusted earnings per share of 32 cents to 33 cents alongside revenue of roughly $570 million for the quarter.

Why Is Leslies (LESL) Stock Down 17% Today?

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Leslie's Issues Preliminary Financial Results, Joins Beyond Meat, Domino's And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

PHOENIX, July 17, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. (“Leslie's”, “we”, “our”, “its”, or “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced preliminary financial results for the third quarter of fiscal 2024 and updated its fiscal 2024 outlook. The preliminary third quarter results are unaudited and subject to quarter-end adjustments and finalization by the Company.

Leslie's, Inc. Announces Preliminary Third Quarter Fiscal 2024 Financial Results and Provides Updated Full-Year Outlook

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PHOENIX, June 20, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced that it has increased the size of the Board of Directors from seven to eight members and elected Lorna Nagler to its Board of Directors, effective June 19, 2024. Ms. Nagler has joined as a Class II Director and has been appointed to the Nominating and Corporate Governance Committee and Compensation Committee of the Board of Directors.

Leslie's, Inc. Appoints Lorna Nagler to Board of Directors

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The Portnoy Law Firm Announces Investigation of Leslie's, Inc. (NASDAQ: LESL)

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PHOENIX, May 15, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced that the Company has appointed Maile (Clark) Naylor to its Board of Directors, replacing Eric Kufel, effective May 15, 2024. Ms. Naylor has joined as a Class I Director and member of the Audit and Compensation Committees. Mr. Kufel has resigned from his board duties at Leslie's to concentrate on his recently appointed role as Chairman and CEO of another company. Mr. Kufel advised the Company that his decision to resign is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

Leslie's, Inc. Appoints Maile (Clark) Naylor to Board of Directors

Leslie's, Inc. (NASDAQ:LESL ) Q2 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Matt Skelly - Vice President, Investor Relations Mike Egeck - Chief Executive Officer Scott Bowman - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Jonathan Matuszewski - Jefferies Shaun Calnan - Bank of America Kate McShane - Goldman Sachs David Bellinger - Mizuho Securities Steven Forbes - Guggenheim Securities Ryan Merkel - William Blair Simeon Gutman - Morgan Stanley Garik Shmois - Loop Capital Markets Andrew Carter - Stifel Operator Good afternoon and welcome to the Second Quarter of Fiscal 2024 Conference Call for Leslie's. [Operator Instructions] As a reminder, this conference call is being recorded and will be available for replay later today on the company's website.

Leslie's, Inc. (LESL) Q2 2024 Earnings Call Transcript

Sales for Leslie's are down, and it has losses, but management expects business to pick up later this year, as is usually the case. The stock is cheaply valued but might not deliver the growth investors need to see.

Why Leslie's Stock Skyrocketed Today

PHOENIX, April 09, 2024 (GLOBE NEWSWIRE) --  Leslie's, Inc. (“Leslie's”, “we”, “our”, “its”, or “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced the appointment of Benjamin Lindquist as Senior Vice President, General Counsel & Corporate Secretary, effective April 16, 2024. He succeeds Brad Gazaway, who is stepping down from his position as Chief Legal, Real Estate & Sustainability Officer & Corporate Secretary of Leslie's, effective April 16, 2024, for personal reasons. Mr. Gazaway will remain employed by the Company as a Special Advisor to the CEO through December 31, 2024 to facilitate a smooth transition.

Leslie's Appoints Benjamin Lindquist Senior Vice President, General Counsel & Corporate Secretary

PHOENIX , Feb. 15, 2024 /PRNewswire/ -- With pool season officially just a few months away for much of the U.S., Leslie's (NASDAQ: LESL), the nation's leading pool and spa care brand, today shared the top reasons why an above-ground pool is a smart initial solution for homeowners and families wanting to dive into the pool lifestyle. The experts at Leslie's also offer useful tips when purchasing an above-ground pool, as well as details of its Presidents Day Weekend Sale, where an array of hard-walled and soft-sided above-ground pools are on sale.

Leslie's Shares Top 3 Reasons Above-Ground Pools Are Smart First Step into the Pool Lifestyle

Leslie's, Inc. (LESL) Q1 2024 Earnings Call Transcript

PHOENIX, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Leslie's, Inc. (“Leslie's”, “we”, “our”, “its”, or “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced its financial results for the first quarter of fiscal 2024.

Leslie's, Inc. Announces First Quarter Fiscal 2024 Financial Results

PHOENIX, Jan. 18, 2024 (GLOBE NEWSWIRE) --  Leslie's, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced that its financial results for the first quarter of fiscal 2024 will be released after market close on Thursday, February 1, 2024. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.

News for Leslie's Stock (LESL)