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 Q2 2021

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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.

Leslie's Q4 2024: Sales Decline, E-commerce Growth, Debt Reduction Focus

Leslie's Q4 2024 faced sales decline and lower EBITDA, with plans to reduce debt. Q1 2025 sales expected to be slightly down or up. Focus on e-commerce, debt reduction, and cost control for growth.
Challenges include gross margin pressures and limited new store openings. Opportunities in asset utilization, marketing efficiency, and leveraging strengths. Strategic themes emphasize customer centricity and competitive pricing.

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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.

PHOENIX, July 22, 2022 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or “Company”; 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 third quarter of fiscal 2022 will be released before market open on Friday, August 5, 2022. The Company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results.

Leslie's, Inc. to Report Third Quarter Fiscal 2022 Financial Results on August 5, 2022

PHOENIX , July 14, 2022 /PRNewswire/ -- Leslie's, Inc. ("Leslie's" or "Company") (NASDAQ: LESL), the nation's most trusted brand in the pool and spa care industry, today announced that it opened 11 new stores in Summer 2022, expanding its retail presence across the U.S., including new store locations in markets where Leslie's has not previously operated: Kalamazoo, MI; Camillus, NY; Brookfield, WI; and Greendale, WI. These new stores bring Leslie's total store count to over 970 across 39 states.

Leslie's Expands National Retail Footprint with 11 New Store Openings

Leslie's has experienced a great deal of downside recently, even more so than the broader market. This comes even as top-line performance continues to improve and some cash flow metrics improve as well.

Leslie's Might Be Worth Dipping Into

Leslie's, Inc. (LESL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Leslie's, Inc. (LESL) Surges 5.3%: Is This an Indication of Further Gains?

PHOENIX, June 06, 2022 (GLOBE NEWSWIRE) -- As previously announced, Leslie's, Inc. (the “Company”; NASDAQ: LESL), participated in the Baird 2022 Global Consumer, Technology & Services Conference in New York City at 9:40 am Eastern Time on Monday, June 6, 2022. During the Company's presentation, access to the webcast of the presentation was not available due to technical difficulties beyond the control of the Company. A recording of the presentation and the presentation slides are now available on the Company's Investor Relations website, ir.lesliespool.com within the “Events” section.

Leslie's, Inc. Announces Webcast Replay Availability

PHOENIX, May 31, 2022 (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 Company's participation in the following investor conferences:

Leslie's, Inc. Announces Participation in Upcoming Investor Conferences

The average of price targets set by Wall Street analysts indicates a potential upside of 39.5% in Leslie's, Inc. (LESL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Leslie's, Inc. (LESL) Could Rally 39%: Here's is How to Trade

PHOENIX , May 26, 2022 /PRNewswire/ -- 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, is proud to support the water safety efforts of two fundraising partners: the YMCA and Boys & Girls Clubs of America. Leslie's will be accepting customer donations in all of its stores and online through October 31, 2022.

Leslie's Continues To Prioritize Water Safety Programs

PHOENIX, May 19, 2022 (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 appointed Claire Spofford to its Board of Directors.

Leslie's, Inc. Appoints Claire Spofford to Board of Directors

Leslie's, Inc. (NASDAQ:LESL ) Q2 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Caitlin Churchill - Investor Relations Mike Egeck - Chief Executive Officer Steve Weddell - Chief Financial Officer Conference Call Participants Ryan Merkel - William Blair Michael Kessler - Morgan Stanley Steven Forbes - Guggenheim Securities Andrew Carter - Stifel Jeff Stevenson - Loop Capital Jonathan Matuszewski - Jefferies Peter Benedict - Robert W. Baird Peter Keith - Piper Sandler Dana Telsey - Telsey Advisory Group Operator Good afternoon and welcome to the Second Quarter of Fiscal 2022 Conference Call for Leslie's Inc. At this time all participants are in a listen-only mode.

Leslie's, Inc. (LESL) CEO Mike Egeck on Q2 2022 Results - Earnings Call Transcript

Leslie's, Inc. (LESL) delivered earnings and revenue surprises of 50% and 9.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Leslie's, Inc. (LESL) Reports Q2 Loss, Tops Revenue Estimates

PHOENIX, May 05, 2022 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's", "we”, "our” or "its”; 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 second quarter of Fiscal 2022.

Leslie's, Inc. Announces Second Quarter Fiscal 2022 Financial Results; Raises Full Year Outlook

PHOENIX, April 21, 2022 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or “Company”; 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 second quarter of fiscal 2022 will be released after market close on Thursday, May 5, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.

Leslie's, Inc. to Report Second Quarter Fiscal 2022 Financial Results on May 5, 2022

Goldman Sachs analyst Kate McShane upgraded Leslie's Inc (NASDAQ: LESL) to Buy from Neutral with a price target of $27, up from $26, implying a 29.4% upside. McShane predicts the sales growth to continue, given the maintenance of a larger pool base, management.

Goldman Sachs Turns Bullish On Leslie's - Read Why

The consensus price target hints at a 50.8% upside potential for Leslie's, Inc. (LESL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Leslie's, Inc. (LESL) Have the Potential to Rally 51% as Wall Street Analysts Expect?

The mean of analysts' price targets for Leslie's, Inc. (LESL) points to a 41.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 42% Upside in Leslie's, Inc. (LESL): Can the Stock Really Move This High?

Leslie's, Inc. (LESL) CEO Michael Egeck on Q1 2022 Results - Earnings Call Transcript

Repurchased 7.5 million Shares Under Share Repurchase Program Raises Full Year Outlook

Leslie's, Inc. Announces First Quarter Fiscal 2022 Financial Results

Leslie's (LESL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Leslie's (LESL) Might Surprise This Earnings Season

Leslie's, Inc. (LESL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Leslie's, Inc. (LESL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

PHOENIX, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or “Company”; 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 2022 will be released after market close on Thursday, February 3, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.

Leslie's, Inc. to Report First Quarter Fiscal 2022 Financial Results on February 3, 2022

PHOENIX, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Leslie's, Inc. (the “Company” or “Leslie's”) (Nasdaq: LESL) today announced the pricing of an underwritten public offering of 12,500,000 shares of common stock (the “Offering”) by certain of the Company's non-management stockholders (the “Selling Stockholders”). The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Leslie's is not offering any shares of its common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares. Settlement is scheduled for December 16, 2021, subject to customary closing conditions.

Leslie's, Inc. Announces Pricing of Secondary Offering of Shares

PHOENIX, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Leslie's, Inc. (the “Company” or “Leslie's”) (Nasdaq: LESL) today announced that certain of the Company's non-management stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering 12,500,000 shares of the Company's common stock (the “Offering”). The Selling Stockholders will also grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Leslie's is not offering any shares of its common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares.

Leslie's, Inc. Announces Secondary Offering of Shares and Concurrent Stock Repurchase

On Monday, Leslie's Inc. (NASDAQ:LESL) shares plummeted by more than 3%, extending Friday's post-earnings declines to over 10%. The company announced its most recent quarterly results Thursday after the close, beating the consensus for analyst expectations on revenue and earnings.

Should you buy or sell Leslie's stock after plunging more than 10%?

Leslie's, Inc. (LESL) delivered earnings and revenue surprises of -3.70% and 5.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Leslie's Stock (LESL)