Welcome to our dedicated page for Leslie's news (Ticker: LESL), a resource for investors and traders seeking the latest updates and insights on Leslie's stock.
Leslie's, Inc. (NASDAQ: LESL) is the largest and most trusted direct-to-consumer pool and spa care brand in the United States. Founded in 1963, the company offers a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. Leslie's caters to the aftermarket needs of residential pool and spa owners, professional pool operators, and commercial pool facilities.
The company's product range includes essential pool and spa chemicals, equipment, and accessories. Operating exclusively within the United States, Leslie's boasts an integrated ecosystem of over 1,000 physical locations, combined with a robust digital platform. This enables consumers to engage with the brand whenever, wherever, and however they prefer to shop.
Leslie's has a dedicated team of associates, pool and spa care experts, and experienced service technicians who are passionate about empowering consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas. The company's extensive and largely exclusive product assortment ensures customers receive high-quality, reliable products to meet their pool and spa care needs.
Despite recent challenges such as unfavorable weather conditions and increased consumer price sensitivity, Leslie's remains focused on executing strategic initiatives to drive long-term market share gains and shareholder returns. The company has a long track record of profitable growth and continues to be a leader in the durable and advantaged consumer products category of aftermarket pool and spa care.
Leslie's also takes its Environmental, Social, and Governance (ESG) commitments seriously, regularly publishing annual ESG reports to measure and share its progress. These efforts are directed by the Chief Legal, Real Estate & Sustainability Officer, ensuring the company's operations align with its commitment to making a positive difference for consumers, associates, shareholders, and the broader community.
The company's financial performance is evaluated using both GAAP and non-GAAP measures, such as Adjusted EBITDA, Adjusted Net Income, and Adjusted Earnings per Share. These metrics provide valuable insights into the effectiveness of Leslie's business strategies and operational performance.
Leslie's continues to innovate and expand its offerings to meet the evolving needs of pool and spa owners. Recent initiatives include promoting above-ground pools as an affordable, easy-to-install option for homeowners and families. The company also offers in-store AccuBlue water testing to help pool owners maintain clean, safe, and clear water with a comprehensive, easy-to-follow water treatment plan.
For more information about Leslie's, visit lesliespool.com or follow and engage with the brand on Instagram, Facebook, and Twitter at @lesliespoolcare.
Leslie's, Inc. (NASDAQ: LESL) will host an Investor Day on November 30, 2022, where it will release its fourth quarter and fiscal year 2022 results. The event starts at 10:00 a.m. ET, following a press release at 7:00 a.m. ET. Management will discuss the results and provide an outlook for fiscal year 2023, alongside strategic growth initiatives. The event will be livestreamed on their investor relations website, with an archived replay available for 90 days.
Leslie's reported record third quarter sales of $673.6 million, a 12.9% increase year-over-year. Net income rose 3.5% to $123.0 million, and diluted earnings per share improved to $0.67 from $0.61. Despite challenges at its Northeastern distribution center, the company's adjusted EBITDA increased 2.0% to $182.9 million. For Fiscal 2022, Leslie's revised its outlook to expect sales growth of 15% to 17% and adjusted earnings per share growth of 6% to 13%.
Leslie's, the largest U.S. direct-to-consumer brand in the pool and spa care industry, will release its third quarter financial results for fiscal 2022 on August 5, 2022, before the market opens. A conference call is scheduled for 9:00 a.m. ET, allowing investors to analyze the results in detail. Interested participants can join the call by dialing the provided numbers or through a live audio webcast available on the company's investor relations site.
Leslie's, Inc. (NASDAQ: LESL) has announced the opening of 11 new retail stores across the U.S. during Summer 2022, expanding its footprint to over 970 locations in 39 states. Key locations include Kalamazoo, MI, and Camillus, NY. CEO Mike Egeck emphasized the company's commitment to providing integrated shopping solutions for all customer needs. Leslie's offers free services such as water testing and pool cleaner inspections, aiming to enhance customer experience. The company is also hiring approximately 4,500 associates to support its operation during the swimming pool season.
Infogain has appointed Anita Lynch and John Strain to its Board of Directors, enhancing its leadership team. Lynch brings over 25 years of experience in data and analytics, previously serving at major firms like Disney and Amazon. Strain, with more than 30 years in digital business, was previously Chief Digital Officer at The Gap, where he launched a successful loyalty program. Their appointments aim to boost Infogain's AI integration and client expansion in digital platform engineering.
Leslie's, Inc. (NASDAQ: LESL) recently participated in the Baird 2022 Global Consumer, Technology & Services Conference on June 6, 2022. Due to unforeseen technical difficulties, access to the live webcast was unavailable. However, the recorded presentation and slides are now accessible on the Company's Investor Relations website. Founded in 1963, Leslie's is the leading direct-to-consumer brand in the U.S. pool and spa care industry, operating over 950 locations and a robust digital platform to meet consumer needs.
Leslie's (NASDAQ: LESL), the leading direct-to-consumer brand in the U.S. pool and spa care industry, announced its participation in two upcoming investor conferences. The Baird 2022 Global Consumer, Technology & Services Conference will take place in New York City on June 6, 2022, with Leslie's fireside chat starting at 9:40 am ET. The William Blair’s 42nd Annual Growth Stock Conference will be held in Chicago on June 7, 2022, with a presentation at 12:00 pm CT. Live audio webcasts for both events will be accessible on the Company's Investor Relations website.
Leslie's, the largest direct-to-consumer brand in the U.S. pool and spa care industry, is partnering with the YMCA and Boys & Girls Clubs of America to enhance water safety. Customers can donate to these organizations in-store and online until October 31, 2022. Leslie's emphasizes water safety education, promoting healthy pool maintenance and safe environments. The YMCA teaches over one million children vital swimming skills annually, while the Boys & Girls Clubs focus on safety and well-being for young people. Founded in 1963, Leslie's operates over 950 locations across the U.S.
Leslie's, Inc. (NASDAQ: LESL) has appointed Claire Spofford to its Board of Directors. With over 20 years of leadership experience, Spofford has a proven track record in growing both mature brands and launching new businesses. She currently serves as CEO and President of J.Jill and has held executive roles at Cornerstone Brands and Orchard Brands. Spofford's expertise in omnichannel marketing is expected to bolster Leslie's initiatives for long-term shareholder value, continuing its leadership in the U.S. pool and spa care industry.
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